equensWorldline to process Degussa Bank’s payments
equensWorldline SE, subsidiary of Worldline, will process all payments of Degussa Bank AG, Germany, starting Q2-2017. This was announced in a press release that was issued today.
The long-term contract includes SEPA processing, cross-border payments, high value payments, compliances services, investigations, archiving and additionally a full channel service suite including SWIFT service bureau, corporate access and paper based payments. Degussa Bank will make use of equensWorldline’s payments processing back office platform that provides a wide range of real-time monitoring and processing functionality and is the enabler for future services like instant payments.
Download press release