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Viveo and Natixis Payments target mid-market European banks with new system

12 November 2008  |  3527 views  |  0 Source: Viveo

Viveo and Natixis Paiements, a subsidiary of Natixis specialised in the management of both traditional and electronic payment flow, have joined together to launch a Sepa-compliant straight through processing system for national and European payments.

Industrialisation of back, middle and front office functions contribute to reductions in production and operating costs. The system proposed by Viveo and Natixis Paiements has been designed so that it can easily be integrated into all types of technical environment. Fully compliant with European regulatory requirements, this jointly developed system uses Natixis Paiements data processing and routing systems, automatically interfaced with the modular V.Bank Payment acquisition solution from the Viveo group.

"The payment management sector is undergoing considerable change with the advent of a unified European system. Our system enables mid-market banks to adapt to a changed market, reduce their costs and develop new, competitive assets", declared Jean-Marie Vallée, the Director General of Natixis Paiements.

Martin Hubert, the Director General of Viveo, added: "This partnership with Natixis Paiements is an example of our strategy to extend our technology and expertise in new European payment methods beyond national borders".

The French division of the Banco Português de Negocios SA (or BPN Banque) is already using the Viveo group software suite and the services of Natixis Paiements.

Pedro Pereira, the Deputy Manager and Head of Administration at BPN Banque, commenting on the partnership between the Viveo group and Natixis Paiements, said, "We are highly satisfied with the services provided by these two partners who, for several years now, have guaranteed a quality service, responsiveness in all decisions and a steadfast commitment from their staff. They have enabled us to free ourselves from all the technical aspects of payment method management and to perform our business as a bank in the best possible conditions."

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