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U Payment Customer story

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TIMELINE 2012 April 2013 June 2013 January 2014 September 2014 U Group establishes objectives, and tenders are issued SAB wins the tender Project launched The legal entity "U Etablissement de Paiement" is created SAB AT goes live in SaaS mode SEPA transfer/direct debit flows. With its SaaS model, SAB offered a turnkey solution, including a broad catalog of offers with a selection of tailored modules, specific developments to address customer requirements, expert support on regulatory issues, external hosting of sensitive customer data and independent updating of solution configuration. Using its expertise and experience, SAB helped U Group to establish outlet account management, issue transfers/direct debits, generate regulatory reports, manage anti-money laundering, combat terrorism and launch an Internet portal where outlets can access their accounts. Sopra Banking Software is the partner of choice for more than 1,500 financial institutions worldwide. The rich variety of our solutions, the strength of our conviction and our passion for innovation enable us to support our clients on a daily basis and in their future projects, as well as in their goals regarding financial inclusion. Our customers, based in over 80 countries around the world, benefit every day from our technologies and software, as well as the expertise of our 5,000 employees. Sopra Banking Software is a subsidiary of the Sopra Steria Group, a European leader in consulting, digital services and software development. With more than 46,000 employees, the Sopra Steria Group generated a turnover of €4.43 billion in 2019. For more information, follow us on LinkedIn, Twitter & Instagram or visit www.soprabanking.com

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