Dovetail powers the first
pan-European instant payment testing
Intesa Sanpaolo, Italy’s largest retail bank and one of Europe’s leading banks.
Intesa Sanpaolo, as one of the 40 financial institutions committed to support the EBA Clearing’s pan-European instant payment platform, wanted to be among the first to offer their retail and corporate customers an instant payments service on a pan-European basis.
The Dovetail solution
In 2012 Intesa Sanpaolo selected the Dovetail Payment Solution, as part of their payments transformation strategy, to provide a global payment platform, enabling the replacement of disparate legacy systems and the development of new market opportunities.
In 2016 the bank extended the market-leading benefits provided by this platform by selecting the Dovetail Smart Gateway Solution to connect to the new EBA SCT Inst clearing. With this approach the bank was able to become, in April 2017, the first to complete SCT Inst pilot testing and has scheduled an instant payments launch for late 2017, as a fully integrated part of their payments offerings.
Contact us to learn more about our instant payment solutions