Worldline [Euronext: WLN], European leader in payment services, and Banca Sammarinese di Investimento (BSI) announced a new partnership aimed at accelerating the modernisation of the bank’s payment infrastructure through the adoption of advanced Issuing and Acquiring solutions. „The bank has chosen Worldline, reflecting the strength of its integrated proposition across the payments value chain, which enables it to leverage synergies between the two areas while supporting BSI across the management and development of its services.” – according to the press release.
With €2.5 billion in assets under administration, BSI is a leading player in San Marino’s financial sector.
To support its growth ambitions and the evolution of its offering, BSI will benefit from scalable and flexible Issuing and Acquiring platforms designed to accommodate increasing transaction volumes and the development of new services. The integrated management of cards, accounts and customer profiles will enable the bank to streamline processes and access real-time information via APIs. BSI will also be able to further strengthen payment security and its ability to respond to evolving regulatory requirements through advanced authentication solutions and Worldline’s payment platforms.
Bringing Issuing and Acquiring services together within the same partnership will also enable BSI to simplify the management of its payment infrastructure, working with a single technology partner capable of supporting both its current operational requirements and its future development.
Pierluigi Rossetti, General Manager of Banca Sammarinese di Investimento, said: “Choosing Worldline reflects our commitment to innovation and operational excellence. Their solutions enable us to offer payment services that we consider highly valuable for our Bank and our customers, in line with a market that is increasingly demanding when it comes to digital services.”
Ilario Bolis, Head of Region Worldline Financial Services Italy, said: “We are particularly pleased to support BSI in this strategic project, which clearly reflects one of Worldline’s key strengths: our ability to combine innovative payment solutions and platforms developed and proven at European scale with a proposition tailored to the specific characteristics and requirements of each financial institution. In this case, the integration of Issuing and Acquiring services enables us to provide BSI with complementary expertise and a unified approach, supporting its growth and the evolution of its offering in a dynamic market such as San Marino”.
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