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CSE partners with CBI and Nexi for Open Banking development

Source: CSE

CSE, leader in banking outsourcing, CBI, hub for technological innovation and digitalization in finance and Nexi, European leader in PayTech, sign a partnership enabling Payment Service Providers to offer a wider range of financial services to their clients over a unique interface.

This will ensure a cutting edge, integrated and totally safe Internet and mobile banking user experience.

This collaboration enables CSE to integrate CBI Globe solution, granting access to all current online bank accounts and major European platforms via API (Application Program Interface) thus providing innovative services in the open banking space, allowing member banks to expand their offer with added-value services for their clients.

The first service stemming from this partnership is a solution that will allow CSE’s bank users to access all their bank accounts in different banks under a single platform via the Mobile Banking App and the new Home Banking developed by CSE. This way, users will be able to view their balance in real time as well as all the details of their bank accounts with the related transactions. Additionally, they will be able to manage payments on all their bank accounts under a single platform leveraging on a brand new, smooth user experience.Everything has been designed and developed to ensure the best security standards.

Floriano Dian, Deputy General Manager & Chief of Information Systems of CSE, commented: “Thanks to the solution implemented together with CBI Globe and Nexi, we support our banks in the launch of added-value digital services for their clients. While improving their final users’ digital experience, we are also taking a decisive step towards data-driven bank. The real-time availability of data acquired through CBI Globe Gateway will enable banks to better comprehend their clients’ needs and to offer better-suited products driven by faster and more efficient services.”

Pilar Fragalà, Chief Commercial Officer CBI, commented: “We are glad that CSE has proactively and promptly seized the benefits stemming from the running functionality of CBI Globe, launched on the market over a year ago with Nexi as technological partner. This represents the first international collaborative ecosystem of open finance, enabling the realization of the “bank as a platform” model of their own and third-party services, which includes Public Administration and, at the same time, building economies of scale in sharing development costs. In the new international competitive arena, open finance represents a great opportunity for the finance industry and for subjects such as CSE, also thanks to the work of pre-competitive ecosystems such as CBI, that has been promoting collaborative innovation for over twenty years benefitting banks, companies, citizens and Public Administration.”

Sara Zanichelli, Head of Open Bankinf of Nexi, commented: “The partnership with CSE and CBI allows us to take another important step in open banking, adopting a solution that ensures Italian banks the possibility of offering advanced financial services to their clients. This proves our ability of making open banking a concrete business opportunity for banks and enabling new services for their clients.”

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