This year event organized in Milan, put in the spotlight hot topics of the payments industry agenda under the umbrella: “A brave new world for payments – the future of European payments industry”.
Allevo exhibited at EBAday and promoted a feature built specifically for SEPA compliance. Built over FinTP, the SEPA feature is designed for improving financial operations of banks and corporations. This solution covers two potential scenarios: FinTP installed at the bank’s premises or FinTP installed at the premises of each business customer of the bank.
Mainly, the SEPA feature ensures the processing of payment initiation instructions (pain.001) of corporate treasuries, corresponding to the business flows specific to their relation with financial service providers.
We also continued to attract interest in FinTP’s open source community, FINkers United. It is focused on improving the processing of financial transactions by using on open source applications.