FSS announces plans to expand European footprint

May 31, 2019

Payments technology provider Financial Software and Systems has announced plans to expand its operations in Europe with the creation of a regional headquarters in Amsterdam.

According to a press release, FSS already has a presence in the U.K., and is making significant investments to strengthen customer delivery capabilities and grow market share in mainland Europe.

"Our recent successes demonstrate that our solutions are resonating with the market," Haresh Hemrajani, FSS regional general manager for Europe, said in the release. "Our vision is clear, we will further expand our team, deepen our partnerships with customers across multiple European markets and importantly, grow our presence to ensure that we can engage at the front line in a region which is recognized the world over as a significant player in the shaping of next-generation payments."

As part of its growth charter for the region, FSS aims to bring a range of propositions to financial institutions to improve business performance, including:

The next stage of 3DSecure to help FIs meet the 2019-2020 timeline set out in the European second Payments Services Directive.A frictionless payment experience that answers the need for risk-free, fully secure transactions between multiple and diverse parties;Voice commerce to differentiate banking services and deepen consumer engagement.Leveraging big data, with a focus on analytics best-practice to support enhanced business performance;Assistance with "in-flight changes to platforms and systems as FIs accommodate the demand for real-time transactions.Accelerated "APIfication" of banking innovations.

Topics: Mobile Payments, Region: EMEA

Companies: FSS

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