Worldline has
signed an settlement with Banque Raiffeisen to offer cloud-based on the spot
funds processing in Luxembourg. The partnership will allow Banque
Raiffeisen to ship and obtain on the spot funds as mandated by the EU’s Immediate
Funds Regulation.
Worldline to Present
Cloud-Primarily based Immediate Funds Processing for Banque Raiffeisen
The brand new
settlement will leverage Worldline’s cloud infrastructure to supply Banque
Raiffeisen smarter and faster onboarding processes and connection to the TIPS,
a Eurozone platform for settling on the spot funds.
Worldline
already has a long-standing relationship with Banque Raiffeisen, offering
providers akin to clearing and settlement of SEPA credit score transfers and issuing
processing.
“Via
our providing, Banque Raiffeisen will profit from a complete on the spot
funds resolution and a quick time to market that gives added worth. We glance
ahead to working extra carefully with Banque Raiffeisen in new and thrilling methods,”
mentioned Sheri Brandon, CMO of Monetary Companies at Worldline.
Eric Peyer,
a member of Banque Raiffeisen’s government committee, commented that due to entry to on the spot funds, the financial institution will broaden the vary of providers
it affords to its shoppers and put together for additional improvement within the areas of
point-of-sale and peer-to-peer funds.
“We’ve got
signed this settlement with Worldline, a valued accomplice for the clearing and
settlement of SEPA funds for over 15 years, as a result of we’re assured that
this permits us to easily implement on the spot funds consistent with the
regulatory necessities and deadlines,” added Peyer.
Worldline has
signed an settlement with Banque Raiffeisen to offer cloud-based on the spot
funds processing in Luxembourg. The partnership will allow Banque
Raiffeisen to ship and obtain on the spot funds as mandated by the EU’s Immediate
Funds Regulation.
Worldline to Present
Cloud-Primarily based Immediate Funds Processing for Banque Raiffeisen
The brand new
settlement will leverage Worldline’s cloud infrastructure to supply Banque
Raiffeisen smarter and faster onboarding processes and connection to the TIPS,
a Eurozone platform for settling on the spot funds.
Worldline
already has a long-standing relationship with Banque Raiffeisen, offering
providers akin to clearing and settlement of SEPA credit score transfers and issuing
processing.
“Via
our providing, Banque Raiffeisen will profit from a complete on the spot
funds resolution and a quick time to market that gives added worth. We glance
ahead to working extra carefully with Banque Raiffeisen in new and thrilling methods,”
mentioned Sheri Brandon, CMO of Monetary Companies at Worldline.
Eric Peyer,
a member of Banque Raiffeisen’s government committee, commented that due to entry to on the spot funds, the financial institution will broaden the vary of providers
it affords to its shoppers and put together for additional improvement within the areas of
point-of-sale and peer-to-peer funds.
“We’ve got
signed this settlement with Worldline, a valued accomplice for the clearing and
settlement of SEPA funds for over 15 years, as a result of we’re assured that
this permits us to easily implement on the spot funds consistent with the
regulatory necessities and deadlines,” added Peyer.
