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 Friday, February 3 2023 18:13
Emmanuil Mkrtchyan

Plastic bank card blank seller tries to break into analytics market  with analytics stolen from ArmInfo

Plastic bank card blank seller tries to break into analytics market  with analytics stolen from ArmInfo

ArmInfo.Vahagn Mesropyan, the head of the Armenian company "Alfa Group" representing the "CardMaster" brand in our country, which specializes in the  production of blanks for bank cards, decided to significantly  increase his business reputation by plagiarizing banking analytical  materials from the ArmInfo information company. 

The bulletin "Armenian banks in the card business" was the basis for  the "own analysis" of the Armenian market of plastic cards published  in the Moscow PLUS magazine on September 26. All the main analytical  calculations in Mesropyan's article are taken from this bulletin,  even the author's specific manner of presenting the text.

Considering the fact that Mr. Mesropyan manages a fairly successful  company that sells "card raw material products " to commercial banks,  ArmInfo specialists cannot understand the motives of such primitive  behavior, which are incompatible both with the basic rules of  business ethics and with the practice of gross violation of  intellectual property rights.

ArmInfo released its 26th bulletin "Armenian banks in the card  business" today. This is 13 years of continuous analytical work,  serious calculations and forecasts in this area.  The agency hopes  that commercial banks that acquire this analysis through bilateral  agreements will take their information security system more seriously  and cover the leaks of proprietary information, leaks leading to  elementary theft aimed at appropriating someone else's Goodwill,  unprocessed by their own intellect. After all, these are bank cards,  not playing cards! 

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