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Neonomics and Worldline sign long term open banking partnership

November 22, 2022

Neonomics and Worldline sign long term open banking partnership
Global PayTech Worldline and Neonomics have signed a commercial partnership to strengthen their open banking offerings across Europe.

Through Neonomics, Worldline will expand its account-to-account payments and data aggregation coverage to the Nordics including Norway, Sweden, Denmark, and Finland. Neonomics will in turn benefit from Worldline’s extensive open banking network in Europe.

The two companies are on track to become the first pan-European PSD2 API providers, servicing an extensive network of merchants, banks, and acquirers. Together, the two companies will be able to reach approximately 3,500 banks in 22 countries across Europe.

Worldline’s extensive reach enables many use cases, such as credit insight, account-based payments, and green banking, allowing third-party providers to quickly and effectively create a value proposition for their customers.

As a result of the partnership with Neonomics, Worldline will also offer its merchants, banks, and acquirers access to aggregated financial data and account-to-account payments.

Michael Steinbach, Head of Global Business Line Financial Services at Worldline explained, “We are excited to partner with Neonomics, as they have one of the most robust unified bank API platforms, with a technical set-up that supports our need to work with partners that can offer highly secure services in both today’s and tomorrow’s regulatory environment.”

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