Athens, 28 February, 2019 - SIA, in the context of reinforcing the partnership with its customers, strengthening its strategic positioning in the Central and Southeastern Europe area, and becoming a leading pan-European payment and tech company, presented its innovative high-end solutions to the Greek market.
In a recent event held in Athens with the participation of top executives from banking and financial institutions as well as large retailers, SIA explained its growth strategy for CEESEE and core specialized infrastructures and services such as:
- the high-speed, low-latency and secure SIAnet infrastructure network enabling financial operators, central and commercial banks, the public sector and corporates to access international trading venues, payment and card processing systems and national and international card schemes 24 hours a day, 365 days a year. A new infrastructure called SIAchain is already operating in different markets to support communities in developing and implementing, in a secure, protected way, innovative applications based on blockchain technology;
- the secure and flexible SIA Open Banking platform to easily develop own services, integrate third party services and accelerate the development of innovative solutions in the new competitive scenario deriving from the introduction of Payment Services Directive 2 (PSD2), aiming to seize new business opportunities in addition to guaranteeing compliance with the regulation;
- the fully modular compliance platform SIA Eagle enabling “holistic compliance”, from trade and eComms surveillance to personal dealing, relevant and privileged information management, conflicts of interest and best execution monitoring, in line with the evolution of the European regulatory framework and also allowing the compliance to move forward to be a driver of a sustainable business growth.
“We continuously work to improve the offering, new services and new geographies, through state-of-the-art technologies. The well-defined mission of SIA is to provide the best platforms to process all kinds of payments of institutions, corporates and citizens, also leveraging on our international experience. This is what we intend to achieve on the Greek market as well as relying on our smart colleagues guided by Espen Tranoy to enhance our business strategy and offer, as a partner, the best service seamlessly to our current and future clients”, said Paolo Pappalepore, SIA Chief Business Integration Officer.
It is understood that following last year’s acquisition of First Data’s card processing businesses in parts of Central and Southeastern Europe, SIA is now present in 7 fast-growing markets in the region (Greece, Croatia, Czech Republic, Hungary, Romania, Serbia and Slovakia) offering card processing and production, call center and back-office services including 13.3 million payment cards, 1.4 billion transactions, as well as the management of over 300,000 POS terminals and 6,500 ATMs.
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