Anadolubank selects Worldline for instant payments solution

By Gloria Methri

Worldline has signed a contract with Anadolubank Nederland for its cloud-based instant payments solution. By adopting Worldline’s solution, Anadolubank can send and receive instant payments as mandated by the new EU regulatory requirements for instant payments.

The five-year agreement signifies a potential path forward for other mid-size banks, aiming to stay compliant while accelerating their digital transformation.

In addition to instant payment processing, the bank also contracted Worldline’s value-added services for customer sanction screening and stand-in funds checks. The comprehensive features of Worldline’s offering will allow Anadolubank to offer secure, reliable, real-time fund transfers for its customers.

Worldline designed its cloud-based instant payments solution is to meet the unique needs of mid-size banks, providing a comprehensive suite of services that ensure compliance, efficiency, scalability and a fast time-to-market. Key features of this solution include:

• Processing in the cloud enables clients to handle instant payment transactions with ease while ensuring timely compliance with the SEPA Credit Transfer Instant (SCT Inst) scheme.
• Smarter, quicker onboarding simplifies integration and deployment processes, reducing time-to-market.
• API connectivity streamlines integration and minimises effort, maximising efficiency for banks.
• A Sandbox environment provides a safe testing space for clients to adapt better and adapt to the new solution.

Sheri Brandon, Head of New Business and Financial Services at Worldline, said, “We are excited to welcome Anadolubank Nederland N.V. This partnership shows our commitment to providing mid-size banks with innovative, efficient, and scalable payment solutions. By leveraging our comprehensive suite of services, Anadolubank Nederland N.V. will be able to seamlessly and timely comply with the European Union’s Instant Payments regulation.”

Tolga Koc, Director at Anadolubank Nederland, added, “Partnering with Worldline is a significant step in our digital transformation journey. This collaboration not only allows us to meet the regulatory requirements of Instant Payments but also enables us to offer real-time, secure, and reliable payment services to our customers. We are excited about the enhanced capabilities and operational efficiencies that this solution brings to Anadolubank Nederland N.V.”