24 October 2016
Find out more

Dion joins EBA

16 July 2014  |  2489 views  |  0 Source: Dion Global Solutions

Dion Global Solutions, technology partner to the financial services industry, today announced its official membership with the Euro Banking Association (EBA).

The membership means Dion has access and can contribute to practical information as well as research and analysis related to the Single Euro Payments Area (SEPA), a European Union initiative geared at making payments across Europe more efficient through uniform standards and practices.

The announcement follows the publication by the EBA of in-depth information on the SEPA migration progress and plans in the different European communities ahead of the migration deadline in August 2014. In June, the EBA also issued a report focusing on user requirements for future payment services built, among others, on the SEPA instruments. Dion provides SEPA Gateway payment technologies for the processing of SEPA Credit Transfers and Direct Debit payments.

Dirk Vesper, Vice President Product Management at Dion said: "As the migration deadline draws ever closer, the clearing of SEPA payments takes on even greater significance for banks. Our SEPA platform provides a complete offering, helping existing and future clients to seamlessly complete their move to SEPA compliance. And our EBA membership supports us in our wider exchange with banks and other industry players on the further evolution of SEPA and its impact on our offering and on the processes of our clients."

Katja Heyder, Marketing Coordinator, EBA Group, added: "The challenges facing the European payments sector can be overcome more easily through a joint analysis and an active exchange on possible solution approaches. The EBA offers banks and service providers a platform for this exchange and the development of collective solutions. We are pleased that Dion Global Solutions GmbH contributes to this forum as an associate member and thereby helps to shape the future of the payments sector together with players from all across Europe."

Part of the EBA community, Dion's SEPA Gateway technology simplifies SEPA migration projects for banks. It reduces the complexity of the EPC rulebook implemeneentation without the need to undergo major transformation of the existing back office application landscape. 

Comments: (0)

Comment on this story (membership required)

Related company news


Related company information

Dion Global Solutions GmbH

Related blogs

Create a blog about this story (membership required)
Visit dh.comFind out moreFind out more

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
38080 views comments | 132 tweets | 243 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8689 views comments | 26 tweets | 19 linkedin
Visa treads on Swift's toes with blockchain pilot for high value paymentsVisa treads on Swift's toes with blockchai...
7411 views comments | 33 tweets | 33 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
7262 views comments | 29 tweets | 22 linkedin
Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018Visa tells Europe to be ready for 3-D Secu...
7104 views comments | 12 tweets | 24 linkedin