Publications in the press

VLADIMIR KRUPNOV: RISK MANAGEMENT IS THE KEY TO SUCCESS OF EMV (Cards World, 8, 2005)
Cards World: Let speak about evolution of bank strategies in the field of EMV-migration. Do you agree, in particular, that liability shift, which was dominating the year before, now is replaced by positive shift (additional capabilities of EMV-cards as a new source of profit)?

PLASTIC AND FLEXIBLE (THE Company, 5, February 9, 2004)
A Nizhny Novgorod company NovaCard has been admitted to manufacture plastic cards of both international payment systems Visa and MasterCard at once. It is the first case in Russia.

NOVACARD BUILT THE MOST BEAUTIFUL PLANT IN EUROPE (Finance, February 9-15, 2004, 5)
The plastic cards plant NovaCard from Nizhny Novgorod got the certificates of the international payment systems Visa and MasterCard. Nowadays the enterprise can produce the international bank cards.

THE CARDS OF RUSSIAN ASSEMBLY (Finance director, March, 2004)
Experts of central Bank claim that the quantity of cards issued by Russian banks exceeded 20 mln. at the end of past year. As predicted by the Head of Government of the payment system MasterCard International, Andrew Korolev, by 2006 this segment of the domestic market will increase at 400%. Today, according to him, only 7 cards fall at 100 people in Russia, while in Europe 40.

VISIT TO NIZHNY NOVGOROD FOR THE CARDS (Banking technologies, 4, 2004)
The international payment systems came in Russia 12 years ago. Then all possible goods and services rushed in out country, and the first Russian businessmen quickly accustomed themselves in world capitals, having replaced roll of cash with plastic cards. However, the Russian banks had been forced for ten year else to purchase plastic cards of the most popular payment systems in Russia Visa

VLADIMIR KRUPNOV: WE ARE THE PARTNERS (the interview to the magazine Cards World, 12, 2004)
The agreement between a Russian company NovaCard and a French one Oberthur Card Systems (OCS) became one of the most sensational events of the cards market for the recent months. As any sensation it sparked a huge amount of hearsay and half-words. The Head of the company NovaCard told about the actual situation.

OBERTHUR CARD SYSTEMS WILL TRY TO TAKE RUSSIA ON CHIP (Kommersant, 205, November 2, 2004)
At the end of the week one of the world leaders in the production of chip cards Oberthur Card Systems have announced about strategic partnership with the company NovaCard.

MASTERCARD FROM THE VOLGA (The expert, February 9-15, 2004, 5)
A Nizhny Novgorod manufacturer of plastic cards the company NovaCard was the first Russian company which was certified by both international payment systems MasterCard and Visa. To this day cards was bought mainly abroad by banks. In Russia the only certified manufacturer was a Moscow company Rozan Finance, which after the receipt of certificate in 2002 produced about 3 mln Visa cards for Russian banks.

In the Pocket of Russia (Expert No 16, April 24-30, 2006)
How can a middle regional business reach a national orbit? Very simple! You should not quarrel with your bread and butter, love a local consumer and remember the world market. Experience of Povolzhye companies is the right testimony to this.

Business-Case Found for the EMV ("Cards World, 4 2006)
Says Head of NovaCard company, Vladimir Krupnov. An expert estimation of the situation around the EMV-migration in Russia was given by him in an interview that we offer today for your attention.

On the Way to Personalization Bureaus (Banking technologies, No 3, 2006)
In spite of the fact that not a single Russian manufacturing-company claimed itself in the capacity as an independent personalization bureau, there are companies in Russia that, in fact, provide for such services.

NovaCard stakes on the banking sector (Plus No 2, March 2006)
The end of the year 2005 was marked for the NovaCard company by two significant events at a time: obtaining accreditation from MasterCard International for the compliance with the requirements of this payment system to the quality management system under production and personalization of its chip-cards, and as well as by successful completion of certification for personalization of Visa International chip-cards.

NovaCard Success Story (Cards World, 10, 2006)
NovaCard (Nizhny Novgorod) began manufacturing cards in 1994, i.e. earlier than any other Russian company currently working in this sector.