A collection of our recent articles, white papers, webinars, reports and videos.
TAS strengthens its tools and offering in terms of cybersecurity
TAS increases the security level of its software thanks to Synopsys’ best in class solutions
Rivean Capital is the new majority shareholder of TAS
Interest is growing in the Aquarius User Group initiative, whose last meeting was held on April 20 in Milan, with over 70 participants including representatives of the major financial institutions and service centers committed to meeting the Eurosystem deadlines.
The working group, coordinated by TAS in collaboration with Accenture and KPMG, took stock of the progress of the ECMS project, illustrating the new documentation being released by the ECB and all remaining regulatory milestones impacting on the banking community. A live demo of TAS Aquarius ECMS component was presented, focusing on the monitoring and management fuctionalities designed around the Eurosystem's new unified Collateral Management system. On top of collecting feedback from the first 10 clients that have adopted the new Aquarius module, the meeting was a valuable opportunity to present and discuss additional value-added features that will be provided by Aquarius in order to offer, beyond the full compliance with the new ECMS requirements, also several scalable functions managing further forms of collateral.
An update on the T2-T2S Consolidation project was also part of the meeting agenda, with a deep-dive into the topic of testing, now in its most intense phase, as well as a summary of the upcoming activities defined by the ECB before the Go Live scheduled for 21 November.
Infraxis showcasing its comprehensive Fuel technology at UNITI EXPO
Lugano, 9 May 2022 – Infraxis AG, part of TAS Group, a leading technology provider in the Payments space, will be exhibiting at the upcoming UNITI EXPO taking place in Stuttgart from May 17 through 19. We’re proud to be at UNITI 2022, where we’ll be co-exhibiting with CCCBusiness Service AG, our processor partner servicing the top forecourt operators and fuel card issuers in Switzerland and beyond.
The state of the art PayStorm Fuel platform is powering CCC business by supporting leading Fuel Industry operators on a daily basis. Infraxis is continually investing in the PayStorm platform, bringing the challenger bank paradigm to the processing of fleet cards, forecourt acquiring and EV charging apps.
PayStorm efficiently solves challenges associated with acquiring and authorizing fuel card payments through its highly adaptable design, enabling the realization of different business needs within the minimum of time and with the minimum of cost.
“Whether your organization needs to acquire internationally branded cards, perform authorisation against a small to medium sized card portfolio, or to simply to switch out to a card issuer for authorisation, Infraxis has the solution ready to satisfy your processing requirements.”- commented Manfred Thomi, CEO of Infraxis.
At the UNITI Expo Infraxis stand visitors will be able to assess the ease of app integration via APIs for mobile-first onboarding and self-management for both fleet cards and international payment brands.
UNITI Expo, the leading retail petroleum and car wash trade fair in Europe, is finally back in-person, with 4 themed exhibiting areas. Infraxis AG welcomes all interested visitors in Hall 5, the Technology, Payment & Logistic area, at booth 5A20.
The Board of Directors approved the consolidated financial statements and the draft financial statements of the parent company at 31 december 2021
Total revenues up 5.4% to 65 million euros. EBITDA at 15.7 million euros (EBITDA margin 24.1%).
Agreement between Piteco and TAS to simplify access to the SWIFT network
Piteco strengthens its role as an international banking connectivity hub through the collaboration with TAS and consolidates its footprint as an effective tool to support business growth.
Thanks to Piteco’s treasury solutions and TAS's Service Bureau, accessing to the most important banking interconnection channel becomes plug and play for the benefit of large corporates and SMEs
The integration with TAS allows Piteco to offer SWIFT connectivity in the cloud with significant savings in costs and implementation timeMilan, 16 March 2022 - Agreement signed between Piteco (PITE: IM), an Italian software house delivering corporate treasury and financial planning management solutions, and TAS (TAS: EXM), specialized in software solutions for e-money, payments and financial services. This strategic collaboration starts with the aim of supporting the international growth strategies of corporates by simplifying their access to the SWIFT network - Society for Worldwide Interbank Financial Telecommunication - the main network used by banks for fast and secure cross-border payments. Thanks to the cloud integration of TAS's Swift Service Bureau with Piteco software, a single platform is unlocked, capable of providing seamless SaaS access to SWIFTnet. The use of the cloud guarantees a rapid activation of the service - which becomes plug and play - generating savings for businesses in terms of economic investment and time required to go live, while ensuring all the security that the cloud can guarantee today. User profiling, access control, Segregation of Duty, Audit Log, Privacy, authentication methods and Active Directory / LDAP are just some of the aspects and functions that Piteco manages with the utmost attention during the implementation of its SaaS solutions. The simplicity and efficiency of the newly embedded SWIFT access enables faster adoption by smaller companies with a strong vocation for international markets, who need to manage finance in a centralized and automated way. In Italy there are many SMEs expressing excellence and entrepreneurial ability, who look beyond domestic borders, making a decisive contribution to Italian exports. Through its comprehensive banking connectivity hub, Piteco normalizes and processes various international messaging protocols used by corporate treasuries to initiate payments or receive bank statements. Piteco’s hub integrates the corporates authorization workflows and allows payments to be made nationally or internationally in a safe, efficient and highly automated way, with the convenience and advantage for business managers of being able to approve them anywhere via web or mobile apps. “The strategic nature of the SWIFT network is now quite evident. We are talking about a universal, secure interchange infrastructure, with more than 11 thousand different member companies in over 200 countries, exchanging over 42 million messages daily. An impressive number, that has been growing also thanks to the digitization imposed by the pandemic”- commented Paolo Virenti, CEO of Piteco. "The partnership with TAS gives us the opportunity to integrate our software with even more ease with all the banking counterparties in the world, - continues Virenti - through the creation of a single platform we are able to simplify our customer management, and complete definitively our identity as an international banking connectivity hub and, above all, an effective tool to support the growth of companies. A role that sees us daily committed to developing solutions and agreements that can, as in this case, lead to functionalities that make it possible to lighten the work of the CFOs of large companies, and increasingly also of small and medium ones, helping them to better manage the governance of cash flows and thus freeing up precious time to define strategies ". Valentino Bravi, CEO of TAS, adds: "By creating an integrated operating model with an Italian excellence such as Piteco, TAS confirms its role of enabler of payment services for corporates and their integration with the financial industry. This collaboration model confirms the great potential, that in my opinion is still partially unexpressed, available for Italian excellences in the digitalization sector to grasp both in the domestic and international market." Partnering with TAS once again underlines the ability of Piteco, constantly committed to the integration of innovative solutions, to support CFOs of national and international corporates in their daily activities. The most advanced treasury solutions available on the market and delivered in the cloud combined with banking connectivity in fact allow CFOs to manage treasury flows even more effectively. Thanks to the automation of data collection and analysis, CFOs will enjoy a single centralized view of corporate data around the world, updated in real time. The collaboration between Piteco and TAS Group is not limited to the SWIFT theme, it will also extend to the field of Open Banking and Open Finance with the aim of fully exploiting all the opportunities offered by the European PSD2 regulation. Download the Press Release
Liquidity Is Your Financial Institution’s Most Valued Asset
David Chance and Mario Mendia speak to Finextra TV about the need for accurate, timely, and proactive liquidity management and payments solutions…
Fiserv selects Aquarius to unlock real-time 360° visibility into liquidity positions for Financial Institutions
Today Fiserv, a leading global provider of payments and financial services technology solutions, announced the availability of superior liquidity management capabilities through the introduction of TAS Aquarius offered in combination with its Enterprise Payments Platform.
The collaborative approach between Fiserv and TAS in the Banking Treasury space will allow financial institutions to accelerate their digital strategies through best of breed technology.
Get in touch to discover how we can help in achieving your business goals