UniCredit is expanding its alliance with global payments firm Worldline to tap into its open banking third-party provider (TPP) service. The partnership with Worldline enables UniCredit clients to link their accounts in other banks across Europe using a single application programming interface (API). UniCredit can then extend account information services (AIS), payment initiation services (PIS) and other business opportunities to its clients as well as Worldline’s customers. UniCredit has been using Worldline’s Open Banking TPP service since 2020 and has extended the partnership for two additional years.
As a tier 1 bank active in different European countries, it relies on support from a supplier with both scale and a cross-European presence to address the challenges and opportunities our customers are facing. In the past two years, Worldline has proven their open banking capabilities by providing cost-effective reach across Europe and enabling the services that customers require. In addition, UniCredit is currently also building further on the opportunities that arise from PSD2 and Open Banking.