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The EPI project is backed by the European Commission. It has 16 founding shareholders based in Belgium, France, Germany and the Netherlands: ABN Amro, Belfius, Crédit Mutuel, BNP Paribas, Groupe BPCE, Crédit Agricole, Deutsche Bank, Sparkassen-Finanzgruppe, DZ Bank, ING Group, KBC Bank, La Banque Postale, Nexi, Rabobank, Société Générale, Worldline.
The system was conceived by the Dutch banks ABN Amro, ING Bank, Postbank N.V. and Rabobank, to develop a single system for online payments that could be used by all banks. The payment platform was opened to consumers in 2005. [citation needed] In 2006 the consortium moved the iDEAL brand to the Dutch banking organization Currence. [2]
VisionPLUS is a financial software application from First Data Corporation. Originally developed by the Paysys Research and Development Group, [1] this application is mainly used for credit card transaction processing by banks and transaction processing companies, storing and processing credit card, debit card, prepaid, closed end loan accounts and similar financial transactions [2] such as ...
Alliance Integrator is built on Oracle's Java Caps which enables customer's back-office applications to connect to Alliance Access or Alliance Entry. Alliance Lite2 is a secure and reliable, cloud-based way to connect to the SWIFT network which is a light version of Alliance Access specifically targeting customers with low volume of traffic.
STEP1 is a payment service of EBA Clearing that started in 2000. [14] It is aimed at small and medium-sized banks for single euro payments of high priority and urgency. The technical infrastructure is the same as that of the EURO1 system, both use the messaging and IT infrastructure of SWIFT.
ABN AMRO was the main sponsor of Dutch football club AFC Ajax of Amsterdam from 1991 to 2008. The sponsor logo was at the time the only one in the world to be printed vertically down the right hand side of the front of the shirt. As of 2014, ABN AMRO is one of the strategic industry partners with Duisenberg School of Finance. [46]
EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...
In the early 1980s, the French banking sector decided to migrate from the magnetic stripe card-based payment system to a more modern and secure microprocessor card-based system. Schlumberger received its first contract in June 1981 to provide GIE Cartes Bancaires, the French credit/debit card issuers’ association, with 5,000 microprocessor ...