Paris, 31st March 2015 – Minister of State Simon Harris is sponsoring the Irish Government’s IFS2020 plan – a new Strategy for Ireland’s International Financial Services Sector throughout Europe. He was in Paris for that purpose and visited Sentenial’s Parisian offices, where he attended the launch of Nuapay, a new payment service being introduced by Sentenial. This disruptive new service offers businesses across Europe an advanced direct debit & credit transfer services which leverage the company’s Next Generation European Payments Platform and FCA granted Authorised Payment Institution license.
Brian Hanrahan, Sentenial Chief Commercial Officer, presented to the Minister on the growth of the financial technology (Fintech) sector and the positive impact it is having in terms of increased innovation and market competition. They discussed the regulatory environment and how Fintech companies will now provide real choice and service innovation to business users of payments in a market which has been lacking both.
Sentenial has been a payment expert for more than 10 years and has been fully involved with SEPA from the earliest stages of the project. Major pan-European banks, as well as more than 1,000 businesses, process daily their SEPA transactions via Sentenial – valued at €billions every month. Sentenial provides services to banks dealing with transactions being sent to or received from SEPA clearing. It also provides a platform for processing business payments (which can be offered by banks as a service to their customers).
These activities are supported by teams of payment experts based in 5 European countries.
As leader in the payment industry, Sentenial has received many accolades from its peers including winning Banking Technology Awards on four occasions including for ‘Most Innovative Product’ and ‘Best Payment Product’. Sentenial has also won the Payforum Innovation Awards 2014 (for Origix IP – Sentenial Interbank SaaS platform) and again in 2015 (for Nuapay).
Sentenial constantly innovates to offer Simply Better Payments.
www.sentenial.com / www.nuapay.com
Twitter : @SentenialSEPA / @Nuapay
Press contact : Laure Boutron (firstname.lastname@example.org)