Low interest rates and increasing demands by regulators for transparency in fee management is putting banks under tremendous pressure to manage costs and overall profitability
These Erste Group businesses can now initiate SEPA payments and direct debits using Dion’s payment solutions.
Dion has achieved excellent growth over the past 12 months, and with these appointments we are confident we accelerate that,” said Michel Borst, CEO, Dion.
Solution will support processing of real time payments and will help banks to become compliant with new European Payment Services Directive, PSD2, which becomes effective in 2018.
Stuart Brookes, Joint Managing Director at Hargreave Hale, stated “Dion’s technology platform has allowed us to process business in an efficient and streamlined manner.
The Chi-X real time prices app is the first application in Australia to deliver royalty-free, real-time market prices on Australian equities and Chi-X investment products straight to subscriber’s mobiles.
Bank will automate its incoming and outgoing charge process and substitute manual handling of investigations with an electronic case management process supporting SWIFT FIN, fax and email messages.
Dion’s MiFID II solution is among the most comprehensive and functionally rich solutions that is scalable, with the ability to store the large amounts of data that will be required for record keeping, while also reducing the level of manual processing.