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CACEIS Streamlines International Payments with FIS Platform

Financial technology leader FIS™ announced today that it has signed a long-term agreement with CACEIS, jointly owned by Credit Agricole S.A. and Santander, to provide the asset servicing firm with an enhanced payment hub to industrialize payment operations, reduce processing costs and provide a smooth payment experience.

Fabien Azavant...

CACEIS selected the FIS Open Payment Framework (OPF), an innovative real-time payments platform that supports ISO 20022 payments standards. In addition to ISO 20022, the platform will support SEPA Credit Transfer, Direct Debit and Instant Payments as well as SWIFT gpi and High-Value payments standards for CACEIS.

“It’s very important to CACEIS not only that we stay ahead of evolving regulatory requirements, but that we provide our clients with a modern, streamlined payment experience,” said Fabien Azavant, Chief Information Officer at CACEIS. “A single platform from FIS will enable us to do that in all our entities, while also streamlining costs and enhancing visibility of our international payments.” 

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