IRIS Solutions concluded a strategic partnership agreement with International Asset Bank AD to integrate open banking services into its operations.
International Asset Bank will have the opportunity to add new digital financial services and offer personalized offers to its customers according to their specific needs and new payment methods.
The partnership agreement between IRIS Solutions and International Asset Bank includes the provision by IRIS Solutions of services for bank account aggregation and payment initiation.
Through access to the PSD 2 HUB of IRIS Solutions, the Bank’s clients will be able to
add their payment accounts in all operating banking and non-banking institutions in Southeast Europe and in Revolut and access them through a single platform – Asset Mobile of International Asset Bank.
Thanks to the partnership, it will be possible to receive information on account balances and movements, to initiate transfers and p2p interbank payments.
"This strategic partnership is proof that our efforts over the past few years to enforce open banking as one of the factors for the digitalization of financial services on the Bulgarian market is in the right direction", said Galya Dimitrova, manager of IRIS Solutions.