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Fransabank (France) S.A. was established in 1984 under the impetus of the Fransabank SAL Group, its majority shareholder, and Crédit Agricole. In 2007, the BPCE Group replaced Crédit Agricole by taking a 40% stake in order to strengthen the partnership with the Fransabank Group, and BPCE became the reference institution with respect to the French and European supervisory authorities. The core business of Fransabank (France) S.A. is the financing of international trade, and the bank also offers a full range of products and services to its corporate and individual clients, resident or non-resident.
By opting for SBS’s Instant Payments solution, Fransabank France, a long-standing partner already utilizing SBS’s Core Banking solution, reinforces its commitment to its clients. SBS Payments enables banks and financial institutions to offer secure instant payments to consumers anytime, anywhere, in accordance with the latest regulations. The SBS Instant Payments solution has enabled the execution of over 350 million instant payments in Europe in 2023.
They chose SBS
Fransabank France had been running SBS’s core banking solution for a number of years and, as a long-standing technology partner of SBS, was well placed to extend that relationship into the payments space. With the regulatory environment in Europe moving decisively toward mandatory instant payments, the bank needed a proven solution capable of processing transactions securely at any time of day, in full compliance with the latest rules. By selecting SBS Payments, Fransabank France strengthened its commitment to its clients by ensuring that the speed and security of their transactions would meet the standards now expected in the French market.
