BNP Paribas: Named exclusive partner for Stellantis’ captive in Germany, Austria, and the UK

BNP Paribas: Named exclusive partner for Stellantis’ captive in Germany, Austria, and the UK

  • BNP Paribas Cash Management selects Worldline to reduce fraud in SEPA Direct Debit transactions
  • Worldline’s solution combines the electronic signature of SEPA mandates with Open Banking-based account validation
  • It has implemented the solution in Germany, Italy, and France, with additional countries to follow
  • The solution eliminates the risk of IBAN misuse during the mandate signature process
  • The solution benefits companies, merchants, and consumers with a secure, low-risk payment method and better user experience
  • It gains a first-mover advantage and sets a new standard in setting up SEPA Direct Debit payments
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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