Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | ![]() Payment Components Teams Up with Plumery to Drive Innovation in Financial InstitutionsThis partnership paves the way for financial institutions to integrate instant payments seamlessly without modifying existing core banking systems.
Combining Payment Components' deep expertise with Plumery's innovative platform, the alliance accelerates market readiness and simplifies compliance with the Instant Payments Regulation (IPR). Institutions can launch digital channels and real-time payments without disrupting existing infrastructure. The IPR aims to make instant payments standard across the EU. Although only a few providers currently offer such services, the Payment Components–Plumery collaboration allows institutions to adapt smoothly while keeping core systems intact and future-ready. Sotirios Nossis, Founder and CEO of Payment Components, stated, "Our work with Plumery will help financial institutions embrace modern payment technologies and meet regulatory demands with minimal disruption. Plumery shares our values, work ethic, and most importantly, product compatibility." Ben Goldin, Founder and CEO of Plumery, added: "This partnership is key for institutions needing rapid modernization without infrastructure overhaul. Together, we provide a flexible solution that supports innovation and keeps clients ahead of regulatory shifts like the IPR. Adding Payment Components to our ecosystem strengthens our commitment to cutting-edge digital banking solutions." This global collaboration provides a clear path to modernization, allowing financial institutions to stay competitive, compliant, and agile in a changing payments landscape. About Payment Components Payment Components (https://www.paymentcomponents.com/ About Plumery Based in the Netherlands, Plumery (https://plumery.com/ End
|
|