Key Clients: ABN Amro, Barclays Bank, ING Bank, RBS
Key Highlights
Company Overview
• Primary offering is outsource services for corporate messaging and domestic direct debts; 60% of its revenue is from corporates in UK. It now targets banks and ACHs
• On acquiring Origix in 2006, the company became a specialist in providing SEPA payment solutions
Product Overview
• Solutions mainly for direct debits including SEPA; capable of delivering its product in Software-as-a- Service model
• Invested in SEPA Direct Debit (SDD) infrastructure to target small players that needed to be SEPA compliant
• Compliant with SEPA regulations • Strong partner network