Worldline has signed a contract with GarantiBBVA International N.V. to implement its cloud-based instant payments solution. This multi-year agreement will empower GarantiBBVA International to comply with the latest regulatory requirements for instant payments, and it marks a significant step in the bank’s digital transformation.
The strategic partnership marks a significant advancement for GarantiBBVA International, providing a pathway to not only meet the latest EU Instant Payments regulations in time, but also to accelerate their digital transformation initiatives.
By adopting Worldline’s solution, GarantiBBVA International will be equipped to send and receive instant payments in accordance with the new regulatory requirements while enhancing its service offerings and operational efficiency.
Worldline’s cloud-based instant payments solution is tailored to meet the specific needs of mid-size banks
It offers a robust suite of services that ensure compliance, efficiency, scalability and rapid time-to-market, enabling banks to deliver secure, reliable and real-time fund transfers to their clientele.
Sheri Brandon, Head of New Business, Financial Services at Worldline, said: “We are committed to equipping mid-size banks with the innovative tools necessary to excel in the instant payments arena and are thrilled to support GarantiBBVA International in this critical transformation. This collaboration with GarantiBBVA International highlights our commitment to deliver innovative, efficient, and scalable payment solutions and we are thankful for their continued trust.”
Marco Witteveen, COO at GarantiBBVA International N.V., commented: “This partnership with Worldline is a pivotal step as it not only ensures our compliance with the EU Instant Payments Regulation, but also strengthens our ability to offer our customers fast, secure, and trustworthy payment solutions. We have been entrusting our SEPA payments to Worldline for many years and are eager to embrace the operational efficiencies and enhanced functionalities that this innovative solution will provide to GarantiBBVA International and our customers.”
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By GlobalData