The Future of Electronic Payments

During the European Cyber Security Month (ECSM), Allevo was invited, for the 2nd year in a row, as one of the partners of The future and security of electronic payments event.Organized on October 21st by Oxygen Events with the support of the Romanian Banking Association (RBA), ANSSI and CERT-RO, the event was included in the ECSM calendar and debated the impact of digital technology over the banking industry, analyzing the opportunities and challenges this will bring in the future.

Allevo CCO, Sorina Bera, talked about TOSS (Treasure on Open Source Software), our financial transactions centralized processing solution for corporations that our company has initiated this year. The project comes in the context of the SEPA Regulation that says starting October 2016, in non-euro countries, corporations must also align to SEPA standards. To help in this process, Allevo solution will be integrated in the IT infrastructure of the corporations, between their back-office application and the communication interfaces with their partner banks, transforming in what we call a “unique processing window”.