Berlin, Germany – September 20, 2022:
Today, TIS — a cloud-based platform and service provider for payments, cash management, compliance, and security — announced its partnership with Delega, a specialist fintech offering secure, automated multi-bank signatory rights management.
The partnership enables TIS and Delega customers to benefit from NextGen electronic bank account management (eBAM). It will leverage Delega’s cutting edge front-end design – created in collaboration with large multinational corporates and financial institutions – and TIS’ well-established, global bank connectivity capabilities.
An application programming interface (API) will exchange data between Delega and TIS’ enterprise payment optimization platform. This will provide access to TIS’ highly secure communication channels with more than 11,000 banks worldwide.
As part of the partnership, data integration between Delega’s cloud-based platform and TIS’ enterprise payment optimization platform is set to deliver unprecedented improvement to the management of bank account signatory rights.
According to Jörg Wiemer, Co-founder and CSO of TIS, “TIS continues to leverage its well-earned reputation as a leading enterprise payment optimization platform. We are proud to partner with Delega and look forward to delivering efficiency and performance gains to a fast-growing customer community.”
This sentiment was echoed by Riccardo Balsamo, Founder and CEO of Delega, who says, “As the office of the CFO accelerates risk reduction and digital transformation initiatives, TIS and Delega deliver an especially compelling cloud-based solution with new multi-bank signatory rights management capabilities. It is great to have started our journey in this regard and have large corporates, international banks and TIS lined up already in our community.”
For more information about this announcement, refer to the below contact information.
Press Contact
Timo Becker
VP Business Development
timo.becker@tispayments.com
About Delega: Delega is a Switzerland-based fintech on a mission is to fully digitise bank signatory management. Using Delega, treasurers can give specific banks access to the information needed to create, remove, and maintain digital signatory records. Corporates can also access their own signatory records instantly and ensure they are compliant with their banks’ requirements – meaning that both parties can seamlessly obtain up-to-date information about individuals’ signatory rights. As a result, treasurers will be able to comply with audit requirements more quickly and accurately. Learn more at Delega (delega-banks.com).
About TIS: TIS helps organizations simplify and streamline their global payments and liquidity management operations. Our cloud-based platform empowers businesses to optimize critical functions surrounding cross-border and domestic payments, bank connectivity, cash forecasting, fraud prevention, payment compliance, and more. Corporations, institutions, and business vendors leverage TIS to transform how they connect with global banks and financial systems, collaborate on payment processes, execute outbound payments, analyze cash flow & compliance data, and promote working capital efficiency. Ultimately, the TIS technology platform helps businesses improve operational efficiency, lower risk, manage liquidity, gain strategic advantage – and ultimately achieve enterprise payment optimization. Visit tispayments.com to reimagine your approach to payments and liquidity management.
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