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About Us Company History
About Us Company History
Since the establishment of Compass Plus in 1989 we have made it our core ambition to be at the forefront of the development of cutting edge technologies and applications for building, implementing, supporting and managing all-scale retail banking and electronic payment systems. Working alongside partners and customers, not only have we pioneered new products, we have also piloted innovative technologies, making us the success we are today.
| Year | Occurrence |
| 2012 | US office moves to Miami and is made Regional Headquarters, Americas housing both LATAM and North America & Canada offices Local customer support available at Brazil office Singapore office made Regional Headquarters, Asia Pacific |
| 2011 | Presence in Brazil and Kenya New Open Application Development Platform - TranzAxis released for commercial use and went live at a retail bank in Russia Local project management available at UAE office |
| 2010 | New office in UAE (Dubai) UK office made Regional Headquarters, Europe and houses Global Marketing First sales in the USA Sale to a large processor in Russia Commercial release of two next generation products: TranzWare Internet Banking and TranzWare Mobile Banking |
| 2009 | New offices in Singapore, USA and Brazil Presence in Kuwait, Saudi Arabia and Bosnia & Herzegovina Russia (Magnitogorsk) office made R&D Headquarters |
| 2008 | Local customer support and project management available at Vietnam office First sales in the Middle East to UAE and Iraq Presence in Cambodia, Azerbaijan and Tadzhikistan |
| 2007 | New office in Vietnam |
| 2006 | Presence in Montenegro Sale to large processing centre in Egypt First usage of TranzWare products at a Visa/MasterCard Third Party Personalizer Achieved leading position in Russian electronic payments market Commencement of TranzAxis RBS development |
| 2005 | New office in the United Kingdom First sales in Africa to processing centre in Nigeria Presence in Lithuania Commencement of RadixWare platform development |
| 2004 | First sales in Western and Central Europe Presence in Georgia and Vietnam Sale to processing centre in Germany TranzWare Interchange and TranzWare e-Commerce released for commercial use |
| 2003 | First sales in Asia Pacific to processing centre in Bangladesh Presence in Serbia and Latvia TranzWare Card Factory, TranzWare PostPay and TranzWare e-Bank released for commercial use |
| 2002 | TranzWare Fraud Analyzer released for commercial use First EMV Certification Contract with a bank servicing Russian Railways – the largest railway network in the world |
| 2001 | First sales outside CIS in Central Asia (Mongolia) and Europe (Kosovo) Sale with the largest bank in Ukraine |
| 2000 | Processing centre gained MasterCard Member Service Provider status with Europay International (now MasterCard) |
| 1999 | Processing centre completely migrated to Compass Plus own products First installation and certification of TranzWare Online |
| 1998 | TranzWare Online released for commercial use Processing centre received Visa Third Party Processor status |
| 1997 | First projects implemented in Ukraine and Kazakhstan |
| 1996 | Processing centre certified by Visa Active development of regional outsourcing business |
| 1995 | Card Management System released for commercial use Processing centre establishment and first outsourcing customer signed Commencement of TranzWare development |
| 1994 | First product version released and implemented as base of retail consumer credit system at one of the world's largest steel mills |
| 1993 | Commencement of product development to manage deposit and credit accounts |
| 1989 | Compass Plus founded as successor to R&D institute |
| 1956 | Establishment of large R&D institute specialising in real-time process control and building extensive industrial mission-critical systems |