FIS Sibos15 Supplement: OPEN MIND
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FIS has signed a definitive agreement to acquire Brussels-based payments specialist Clear2Pay for some €375 million, saying that the deal will bolster its global payments capabilities.
Banks should be wary of jumping the gun and assuming that SEPA implementation is a done deal. Far from being over, the task of learning to live with SEPA is just beginning.
BNY Mellon says a global overhaul of its payments infrastructure will position it for “a new era” in payments and fundamentally change its relationship with customers and other financial institutions internationally.
Clear2Pay is expanding its facilities in Scotland with the hire of 29 new staff, at its Dunfermline offices, bringing the headcount there to 50. The expansion is supported by a £250,000 Regional Selective Assistance grant from Scottish Enterprise. Kimball Felix, chief of staff at Clear2Pay, said, “In addition to our payments technology, we offer a […]
Clear2Pay, the Brussels-based payments systems company, says that selling the company “is not part” of its current plans.
Clear2Pay has launched Business-in-a-Box, based on the company’s existing corporate payments hub (CPH) and open payments framework (OPF). The two products are aligned with the company’s new Virtual Vault Account Solution (Vivas) in a package that can be used to establish a virtual financial institution.
SIX Payment Services has chosen Clear2Pay’s CBK solution to support its chargeback business and processes on a single platform. The CBK Chargeback system replaces two old systems and will evolve over time to encompass both acquiring and issuing chargebacks for credit and debit cards. The new system has so far been implemented in Switzerland and […]