Secure technologies for your banking and reliable payment solutions. For you and your customers. All as a full-service provider
Secure technologies for your banking and reliable payment solutions. For you and your customers. All as a full-service provider
Security is paramount for you – and for us as well. Especially when it comes to sensitive account information, a reliable and legally compliant solution is essential.
For our German customers: According to Section 24c of the German Banking Act (KWG), all credit institutions in Europe are obligated to maintain an up-to-date database of accounts and securities accounts for automated retrieval by government agencies. The aim is to effectively combat terrorist financing, money laundering, and illegal financial transactions.
Since 2003, we have operated a central retrieval point: the Account Data Registry. Approximately 130 banks in Germany use our service to reliably fulfill their obligations under Section 24c KWG. Our solution ensures that account master data is always up-to-date, highly available, and fail-safe for retrieval by BaFin (the Federal Financial Supervisory Authority) and the Federal Central Tax Office.
With the Account Data Registry, you efficiently meet your legal obligations. The data interface integrates seamlessly into your existing system landscape, allowing you to rely on a proven and secure infrastructure with minimal effort. Put your trust in our many years of expertise and make the account evidence center an integral part of your compliance processes.
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