19 July 2018
Visit www.gemalto.com

Dovetail opens Milan centre

30 July 2012  |  1895 views  |  0 Source: Dovetail

Dovetail, the provider of next generation payment services hubs, is today announcing a significant commitment into Italy to support its existing customers and the wider Italian banking industry.

In the Italian market today, banks are providing sophisticated and integrated solutions for transaction banking and cash management. The burden and rate of change of regulation is increasing, not least with the Payment Services Directive and SEPA, and the market is becoming more competitive. In this dynamic landscape, many Italian banks have a clear vision and strategy for how to evolve their transaction banking services and payment operations. However, at such a key point in market evolution, many of the traditional Italian payment software vendors are without vision and distracted by corporate uncertainty. With legacy systems that lack the flexibility and performance to address today's needs, these vendors risk holding back their banking clients rather than enabling them to lead and gain competitive advantage.

Given the current market dynamic, Dovetail is increasing its commitment to the Italian market by opening a Delivery Centre of Excellence in Milan. This centre will strengthen Dovetail's local support for existing clients as well as supporting banks that are beginning their journey toward a more modern payment infrastructure. Dovetail is also building an ecosystem with Italian partners to support banks in their payment infrastructure transformation.

Dovetail is already active in the Italian market for RTGS and ACH payments - working with one of the largest Italian banks as well as global transaction banks active in Italy. The Dovetail Payment Services Hub supports the richness of domestic Italian payment schemes, the breadth and variation of international payment opportunities, and the rate of change in regulation and value added services. Working with its existing clients, Dovetail continues to make significant product investment in the Italian market to ensure that the Dovetail Payment Services Hub continues to provide market leading capabilities for local instruments as well as regional and global ones.

Martin Coen, CEO, Dovetail commented: "Our work with banks in the Italian market shows their clear vision and ambition to develop world leading transaction banking capabilities. With the forthcoming migration to SEPA and the increasing pace of change in domestic and European payment practices, we are focussed on ensuring our clients take full advantage of this dynamic market. By opening our new Delivery Centre of Excellence in Milan, we are increasing our commitment to this important market so that we can better support a wider range of Italian banks and ensure that their ambitions are not hampered by inadequate or legacy technology." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Dovetail

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit info.nice.comVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
11354 views comments | 5 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9975 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9603 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9099 views 19 comments | 14 tweets | 30 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
8626 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job