Meniga and Worldline strike digital banking partnership
Digital banking technology provider Meniga has signed a partnership agreement with payments firm Worldline.
Through the collaboration the two firms are hoping to create personalised digital banking features that can increase customers’ digital engagement.
The two firms aim to combine “conversational banking and data analytics” to create a new digital banking solution for financial services firms.
Worldline lauds Meniga’s “strong presence in Europe” while the latter highlights Worldline’s “global reach and firm roots in the financial services space.”
Georg Ludviksson, CEO and co-founder at Meniga, says that the two firms will be able to deliver “fast-emerging demand” for open banking services by “building solutions that deliver value to customers across all sectors, with products that their end-users love and benefit from in their day-to-day lives.”
Michael Petiot, head of alliances and partnerships at Worldline, adds: “By mastering the overall payment value chain, we aim to play a key role in the new open banking ecosystem including the transformation of the digital customer journeys to bring more value to end customers.”
Worldline announced its acquisition of rival firm Ingenico in February, for a sum of $8.6 billion. It said at the time that the deal would create a “breakthrough payment player” and give it a more diversified profile than competitors.