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BKM

Category
International

Vertical
Banking

Location
Turkey

Carrying out the authorization operations between the banks

The Interbank Card Center (BKM) was established in 1990 with the partnership of 13 public and private Turkish banks for the purpose of providing solutions to the common problems and developing the rules and standards of credit and debit cards in Turkey, within the card payment system. The interbank clearing of the debts and credits of the card holders arising from their purchases is carried out within BKM’s structure through the domestic clearing and settlement of debit and credit card transactions. The main activities of BKM are; carrying out the authorization operation between the banks, developing the procedures applicable to the banks in the credit card and debit card sector, forming the domestic rules and regulations, making efforts in relation to provision of standardization and taking the relevant decisions, establishing relations with the international organizations and commissions and representing the members in these organizations when necessary and executing the ongoing bank operations from a single central operation site in a more secure, fast and cost-effective manner.

Team Members

Emirhan Çelikbilek

VP Marketing & Communications, BKM

Dr. Soner Canko

General Manager

Blogs

Turkey FinTech Ecosystem Map Updated!

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Upcoming Events

04
Feb
Shining a Spotlight on Digital Assets: DLT and the Future of Financial Services
Innovate Finance is delighted to invite you to our ‘Spotlight on Digital Assets: DLT and the Future of Financial Services’ event,...
10
Feb
Global VC Landscape Report Launch event
Location: Rise London, 41 Luke Street, Shoreditch, London, EC2A 4DP
Join Innovate Finance for an evening panel discussion at Barclays Rise on FinTech trends and investment highlights from the past...
18
Feb
FinTech Investment Trends Webinar
Location: Live Online
Listen to some of the most active venture investors in FinTech, the trends they are seeing across the landscape and...