21 October 2017
Register now

SSB licenses ACI Virtual Wallet

16 July 2002  |  3576 views  |  0 online purchase

Italian bank-owned debit and credit card processor Societa' per i Servizi Bancari (SSB) has licensed ACI Worldwide's Virtual Wallet software for use in a national programme aimed at improving security for online consumers.

The virtual wallet forms part of the BankPass Web service that the Italian Bankers Association is promoting to strengthen Italy's online financial services. Operational since January 2002, participating banks can use BankPass to provide the ACI Virtual Wallet to their customers. Italian consumers can download the virtual wallet to a PC or access it via the Web. Once opened during an online session, users have automatic access to their payment information, and can electronically sign transactions and record receipt details for future reference.

SI Servizi, the service provider for SSB, will manage the issuance of wallets to Italian consumers.

Gian Bruno, general manager of Mazzi, Società per i Servizi Bancari, says: "In Italy, consumers are rapidly increasing their demand for e-commerce services, and at the same time, the banks require secure and convenient payment solutions. The ACI Virtual Wallet satisfies both these needs and provides a new platform to interact with customers, allowing us to acquire new ones, to promote the brand and realise cross-sell opportunities."

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

Huntington tackles money laundering with ACI fraud detection software

Huntington tackles money laundering with ACI fraud detection software

09 July 2002  |  5815 views  |  0 comments
NCR wins UniCredito contract; works with ACI to promote IFX standard

NCR wins UniCredito contract; works with ACI to promote IFX standard

20 June 2002  |  3293 views  |  0 comments
Euro Banking Association appoints SIA to build cross-border ACH

Euro Banking Association appoints SIA to build cross-border ACH

28 May 2002  |  4174 views  |  0 comments
Sprint and eONE Global to launch US mobile wallet

Sprint and eONE Global to launch US mobile wallet

22 May 2002  |  3993 views  |  0 comments

Related company news

 

Related company information

ACI Worldwide

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.vasco.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8695 views comments | 21 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8600 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7695 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7159 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6765 views comments | 14 tweets | 23 linkedin

Featured job

Find your next job