18 February 2018
visit www.ebaday.com

Clear2Pay buys e-banking outfit Diagram EDI

05 December 2007  |  6362 views  |  0 Clear2Pay logo

Brussels-based e-payments vendor Clear2Pay has acquired Diagram EDI, a French provider of electronic banking and payments technology. Financial terms of the deal were not disclosed.

Formed in 1986, Diagram has 30 employees with offices in France, Algeria and Egypt. The firm supplies end-to-end Internet banking systems for both retail and corporate banking environments. Clients include BNP Paribas, Societé Generale, BCI, Crédit Agricole, Deutsche Bank, HSBC and Banque Centrale Populaire (BCP).

Under the terms of the deal Diagram will become a wholly-owned and integrated business unit of Clear2Pay.

Michel Akkermans, chairman and CEO, Clear2Pay, says that Diagram's product suite complements the Netbank product that Clear2Pay acquired through its takeover of Belgian banking software house EFT in October 2005.

He adds: "The fact that Diagram is based in France is of equal importance, since we see an increased level of activity in that region and language domain."

The deal comes less than a month after Clear2Pay agreed to buy Integri, a Belgian provider of test tools and services for payments, ticketing and mobile applications.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Clear2Pay acquires testing systems outfit Integri

Clear2Pay acquires testing systems outfit Integri

12 November 2007  |  6164 views  |  0 comments
China's Gui Lin City Bank deploys Clear2Pay technology for ID verification

China's Gui Lin City Bank deploys Clear2Pay technology for ID verification

26 September 2007  |  6344 views  |  0 comments
Clear2Pay raises EUR15.7m

Clear2Pay raises EUR15.7m

30 June 2006  |  6700 views  |  0 comments
Clear2Pay acquires Belgium's EFT

Clear2Pay acquires Belgium's EFT

06 October 2005  |  6005 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comvisit www.swift.com/your-needs/instant-paymentsvisit http://info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10468 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8255 views comments | 15 tweets | 41 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
7744 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7617 views 3 | 9 tweets | 4 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job