About Transatics
Transatics are the experts in payments and the management of real-time, high-volume payment systems. Since 2008, they offer off-the-shelf or modular solutions for processing transactions on its robust, efficient, secure and scalable platforms.
As well as their everyday payment management services, their solutions add value because they enable to get the banking offerings to market faster and improve customer satisfaction. Transactis has been developing, managing and operating E-banking, SEPA Transfer, SEPA Direct Debit and international wire transfer Information Systems (IS) for top-tier financial institutions.
The challenge
Being the largest payment processor in France, it was essential for Transactis to adapt its services to include Instant Payments, the technology revolutionizing money transfers.
Already the result of a collaboration between French banks Société Générale and La Banque Postale, Transactis was a good fit to the kind of mutualization that Instant Payments necessitates. Nevertheless, the firm needed to turn to a trusted partner to help build the ecosystem and technology required for an effective Instant Payment service. And SBS (ex-Sopra Banking Software), who has been handling Transactis’s software solutions since the company’s establishment in 2008, was the obvious fit.
2017
Project started
Dec. 2018
Service launched
Early 2020
Instant Payments possible
to all European banks
“Building a software solution and an Instant Payment platform for four different banks – Société Générale, La Banque Postale, Boursorama and Crédit du Nord – in 18 months was an incredible challenge we were able to take up thanks to our strong and reliable partnership with SBS (ex-Sopra Banking Software)”
Patrice Galy, CEO of Transactis