Strong signal to tier-1 global banks to test their operating models: Commerzbank outsources all Sepa transactions, aproximately 4 billion payment transactions per year

24 iulie 2018

„The introduction of instant payments, the new pan-European scheme that enables money transfer within seconds, is especially noteworthy since all banks in Europe are preparing themselves for instant payments. Commerzbank will make full use of this trend by outsourcing the complexity, regulatory burden, operational risk and high costs of payments processing to the specialist equensWorldline, allowing the bank to focus on the needs of its customers.”, according to the press release.

equensWorldline, subsidiary of Worldline, an Atos company and the European leader in the payments and transactional services industry, today announces a strategic partnership with German banking and financial services company, Commerzbank. The partnership will see equensWorldline process all SEPA (Single Euro Payments Area), instant, multi-currency, and domestic payments for Commerzbank, for a period of ten years.

A two-phase approach will enable a fast and smooth transition to cement this partnership. During the first phase, which is already underway, equensWorldline will, together with Atos, manage the existing legacy payment applications.

In the second phase, the majority of the applications will be replaced by the newest equensWorldline platform technologies which are standardized, future-proof, and multi-tenancy enabled, offering the latest functionalities such as instant payments. After this migration, approximately 4 billion Commerzbank payment transactions will be processed per year by equensWorldline.

In a separate contract, signed earlier, Commerzbank will also outsource its Financial Messaging SWIFT Infrastructure to equensWorldline. This highly available, secure and scalable platform for Financial Messaging is based on a new partnership with Intercope and its BOX Messaging Hub. The Financial Messaging Service is fully CSP-compliant and can be used by financial institutions of all types and sizes. By outsourcing this sensitive and mission-critical environment to equensWorldline, Commerzbank is distinguishing itself as a frontrunner, tier-1 global bank.

Christian Rhino, Divisional Board Member, Group Banking Operations Commerzbank AG, said: “Through the purchase of “payment as a service” from equensWorldline, we have not only gained a reliable strategic partner for our company, but through this we can fully concentrate on our digitalization and the strategic restructuring of Commerzbank 4.0”.

Michael Steinbach, Managing Director for Financial Services and Chief Executive Officer equensWorldline, said: “Having Commerzbank as our customer makes us very proud. This new relationship is a significant step for our company, providing clear evidence to the market that we are the partner of choice for processing all payments of a globally operating bank. It is also a strong signal to banks to test their operating models and explore the benefits of outsourcing their payments operations. Today, we live in a real-time world and payments need to be real time as well. Banks like Commerzbank have recognized this and are adapting their digitalization strategies accordingly. We have the expertise to fully support this path and will continue to partner with banks ready to seize the opportunities it presents.”

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Gabriela Nistor – director general adjunct BT

Tendinţele pe care le-am remarcat înainte de începerea pandemiei s-au accelerat pe perioada stării de urgenţă. Am văzut acest lucru ca o oportunitate, un tipping point pentru bancă. Post-pandemie nu avem cum sa ne întoarcem la comportamentul financiar pe care îl aveam până în februarie a.c. Relaţia românilor cu online-ul s-a schimbat. In plus, cardul fizic se va dematerializa. Vom asista la o scădere a cererii pentru cardurile fizice, respectiv la o creştere a preferinţei pentru componenta digitală a acestora.”


In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale in 2020?