SIA-SSB Launches Technology Infrastructure for Payment Institutions
SIA-SSB has designed and developed a technology infrastructure, called ‘Payment Institutions Easy Box’, which complies with regulatory and business requirements, in order to allow the new players to exploit fully the opportunities arising from new payment services by reorganising their business models.
This platform consists of a complete, integrated system based on a modular approach including all the payment services envisaged for payment institutions, as well as compliance and supervisory functions and further additional activities.
SIA-SSB provides the solution to payment institutions in software-as-a-service (SaaS) mode, which includes application management, facility management, back office and consulting, and is available in three different versions geared to the strategic approach chosen by each individual payment institution:
Payment institutions may make use of a single gateway to access networks and circuits at domestic and cross-border level and of a series of further value-added services, such as connectivity, multi-channel access and real time monitoring of transactions. Additionally, the solution complies fully with the security and service continuity requirements set out by the regulatory framework.