FSS to expand European operations

Wednesday 29 May 2019 08:32 CET | News

Financial Software and Systems (FSS) has allegedly announced that it is expanding its European operations by venturing into Netherlands.

According to Business Standard, in addition, the company plans to set up a transaction processing centre in the US.

The FSS has set up its own processing centre in Dubai in April 2019 at an outlay of USD 5 million.

According to the company, there is demand for enhanced security with the PSD2 as part of the European Commissions efforts to create a safer, more innovative payments environment in Europe. FSS has bagged an order from QRails for its 3DS 2.0 solution enabling frictionless payments.

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Keywords: FSS, Europe, Netherlands, payments , US
Countries: World