Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


Raiffeisenbank Deploys vSEC:CMS from Versatile Security

Stockholm, Sweden, May 9, 2013 – Versatile Security Sweden AB today announces the final delivery of the vSEC:CMS T-Series S-Edition to Raiffeisenbank (Bulgaria).

Versatile Security has delivered a new version of its flagship Smart Card Management System (SCMS), vSEC:CMS, to Raiffeisenbank (Bulgaria). Raiffeisenbank (Bulgaria) EAD ( was established in 1994 as the first Greenfield investment on the Bulgarian banking market. More than 3,000 employees of Raiffeisenbank service over 730,000 customers through approximately 200 branches. The system will be used to manage the bank's employee smart card badges for both physical and logical access. The system was successfully integrated into the bank's environment by ITCE and delivered by the Gemalto channel network through Elatec.

'Versatile was very supportive in that effort. They answered all of the complex customer requirements. Our customer Raiffeisenbank (Bulgaria) EAD is very satisfied with the CMS solution' said Orlin Marinov, Partner at ITCE.

'After evaluating many other offers in the market, Raiffeisenbank selected vSEC:CMS from Versatile Security – this makes us very proud. Now vSEC:CMS provides Raiffeisenbank with all the functions required to conveniently manage employee badges. This is an important step towards establishing smart card business and our presences in this region,' said Joakim Thorén, CEO, Versatile Security.

About ITCE
Founded in 1998, ITCE has more than 15 years of experience in carrying out highly qualified IT and Management consultancy services and trainings. Combining the two, the consultants of ITCE deliver the best out of these two worlds – practical experience and technical competencies. They are highly valued among the IT and Management communities for being successful business partners and authoritative speakers on local and foreign conferences.
ITCE is a name that stands behind professional services and trainings of ITIL, Information Security, ISO20000 and 27001, CobiT, Business Analysis, Microsoft Technologies, Business Process Modeling, Project Management and many others. In partnership with Hewlett-Packard, Global Knowledge and Microsoft, ITCE is among the market leaders in IT & Management trainings in Bulgaria.
In August 2009, ITCE became the first company in Bulgaria with a certificate of approval ISO (by Lloyd's Register (LRQA)). Currently, ITCE possesses the following ISO certifications: EN ISO 9001:2008, 27.7.2012; EN ISO 20000:2007, 27.07.2012; ISO/IEC 27001:2005, 21.05.2012

About Versatile Security
Versatile Security is a leading IT solutions provider in the identity and access management space with focus on easy deployment of smart cards with innovative smart card management systems. The company's customers are typically organizations that demand high security and ease of use. State of the art solutions enable the customers to securely authenticate, issue and manage user credentials, such as smart cards, more cost efficiently than other solutions on the market.
Versatile Security's mission is to provide solutions that are affordable and easy to integrate, thus allowing organizations of all sizes to implement high levels of security. First class support, maintenance, and training is also offered. Customers include: HSBC, Tieto, Centric, Raiffeisenbank, TradeRiver, European Commission, Svensk Exportkredit, Cleveland Clinic Abu Dhabi and IKEA.
The products and services can be bought and delivered worldwide by use of an extensive reseller network and through the Versatile Security web site:

Publisher Contact Information:

Versatile Security

Company profile of Versasec
Past press releases of Versasec.


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Nov 25€24.0MInternet commerce
Jul 31€2.8MInternet services
Jul 30€9.5MWireless applications
Jul 30€4.5MSensors
Jul 30€5.0ME-Commerce
Jul 30N/ANetwork management
Jul 30€72.0MInternet services

For information on Europe's most extensive database on technology funding click here!


Press Releases

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Mar 31
the fit allocates chf 100'000 to comppair technologies

Jan 29
yumpingo raises $10m to transform guest experiences in restaurants

Oct 1
The Link App
the link app launches version 2.0

About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.