Thursday, May 26, 2016

Gref predicted the imminent failure of clients of Sberbank of plastic cards – RBC

The head of Sberbank German Gref

Photo: Oleg Yakovlev RBC

The new identification technology, the introduction of which the Savings Bank operates, will in the near future to give up plastic cards, said the head of the bank, German Gref. According to him, the banking expect “dramatic” change

Thanks to the introduction of new technologies for identification of customers in the near future will no longer be the need for plastic cards, and “banking will change dramatically,” – said the head of Sberbank German Gref said in an interview with “Izvestiya” .

«In our new platform” 18+ “laid identify functionality customers hands. We are now more and more ATMs with biometrics buy. Accordingly, as such a map, the main task of which is to identify, rooted in the past. After the introduction of “18+” platform, and it is scheduled for 2018, the frequency of use of the card as the payment instrument will decline sharply. Banking will change dramatically, “- said the head of Sberbank

He said that overseas these technologies will only work in the network of Sberbank.. “I think that gradually there will leave the card, but this is not the prospect of the next five years,” – said Gref

In addition, Gref said that “a high degree of readiness” are decisions based on. technologies, customer identification by voice and appearance. “These solutions, which bring the accuracy of the identification of up to 99.9%, are in a high degree of readiness” – he said and added that he looks forward to their implementation in the

Earlier, Sberbank reported within 2-3 years on. record profits for the first quarter 2016: compared to the same period of 2015 it increased by almost four times. IFRS profit for January-March 2016 amounted to 117.7 billion rubles., Which is 3.8 times higher than in the first quarter of 2015. Then Savings Bank recorded a net profit according to IFRS in the amount of 30.6 billion rubles.

The profit was a record, as more than 100 billion rubles. Sberbank IFRS for the quarter never earned. Previously, to obtain a record quarterly profit Sberbank analysts predicted JP Morgan, UBS, Citi, BofA Merrill Lynch, «VTB Capital” Gazprombank “Uralsib”, “FC Opening”, “Renaissance Capital”, BCS, which polls Reuters.

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