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Worldline equips Anadolubank with cloud-based instant payments

Tuesday 24 September 2024 12:13 CET | News

Global provider of payment services Worldline has signed a contract with Anadolubank to help the latter comply with EU Instant Payments regulation.

 

Worldline partners with Anadolubank Neederland

By adopting Worldline’s cloud-based instant payments solution, Anadolubank Nederland will be able to send and receive instant payments as mandated by the new EU regulatory requirements for instant payments.

In addition to instant payments processing, the bank also contracted Worldline’s value-added services for customer sanction screening and stand-in funds check. The features of Worldline’s offering will allow Anadolubank Nederland to offer secure, reliable, real-time fund transfers for its customers.

Augmenting instant payments for mid-size banks

Worldline’s cloud-based instant payments solution is designed to meet the unique needs of mid-size banks, providing a comprehensive suite of services that ensure compliance, efficiency, scalability, and a fast time-to-market. 

Key features of this solution include:

  • Processing in the cloud enables clients to handle instant payment transactions with ease while ensuring timely compliance with the SEPA Credit Transfer Instant (SCT Inst) scheme;

  • Smarter, quicker onboarding simplifies integration and deployment processes, reducing time-to-market;

  • API connectivity streamlines integration and minimises effort, maximising efficiency for banks;

  • Sandbox environment provides a safe testing space for clients to better adopt and adapt to the new solution;

  • Stand-in funds check ensures the bank is operational 24 hours a day, seven days a week, 365 days a year, offering continuous service availability.

Speaking on this partnership, officials from Worldline said they are happy to welcome Anadolubank Nederland. This collaboration shows their commitment to providing mid-size banks with innovative, efficient, and scalable payment solutions. By leveraging their suite of services, Anadolubank Nederland will be able to seamlessly and timely comply with the European Union’s Instant Payments regulation.

Representatives from Anadolubank responded by saying that partnering with Worldline is a significant step in their digital transformation journey. This collaboration not only allows them to meet regulatory requirements of Instant Payments but also enables them to offer real-time, secure, and reliable payment services to their customers. They are happy about the enhanced capabilities and operational efficiencies that this solution brings to their institution.


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Keywords: instant payments, regulation, compliance, real-time payments, banks
Categories: Payments & Commerce
Companies: Anadolubank, Worldline
Countries: Europe
This article is part of category

Payments & Commerce

Anadolubank

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Worldline

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