Denmark's fifth largest bank has chosen PBS and PBS' Sepa Direct Debit solution as infrastructure for its coming Sepa direct debit service for both retail and corporate clients.
The agreement with PBS is a full-service agreement including integration support, implementation, operation and maintenance as well as surveillance facilities, risk mitigation, interactive information and a funding solution.
PBS' solution is already in use in 94 local and regional Danish banks, and with Nykredit joining PBS will be the dominant provider of SEPA services in Denmark.