finleap connect, an open banking platform, has signed a strategic partnership agreement with SIA, a European hi-tech company in the payment services and infrastructures sector, controlled by CDP Equity, to deliver new open banking services to European Fintechs, banks and more, according to a release.
finleap connect and SIA will now integrate their PSD2 compliant solutions enabling the adoption at an international level of use cases based on Accounting Information Services (AIS) and Payment Initiation Services (PIS). The partnership between the two companies marks is described as an important step towards a European customers’ value proposition through new combined payment options and transactional flows. The synergy is expected to bring benefits for customers.
“By joining forces, SIA and finleap connect will open up the European market opportunities facilitating integration among the financial actors for the creation of cross-border ready-to-use digital services. This will address the growing customer needs of providing tailored services based on real-time information and payments,” stated Daniele Savarè, Innovation & Business Solutions Director of SIA.
Marco Berini, General Manager finleap connect Italy, said they currently enable more than 370 brands to access to a series of business opportunities from state-of-the-art data analytics to easy customer interactions, from “use cases to turn-key banking solutions.”