Credem: Prepares Target2 payments with Worldline’s Payment
- Worldline is the European leader in the payment and transactional services industry
- Credem medium sized, multi-regional banking group headquartered in Reggio Emilia made by several companies operating in all financial sectors
- CREDEM also well prepared for the TARGET Consolidation project[1] initiated by the European Central Bank (ECB)
- Ensure the smooth upgrade to the future ECB TARGET platform also for the pan-European migration planned by the ECB in November 2021
- Worldline’s software package for intraday liquidity management, connection to Target2 and also control of payment outflow
- By using CRISTAL, CREDEM already implemented its future architecture required to manage the impact of the ECB’s TARGET Consolidation
