Partner to the world’s leading corporations’ finance departments will help shape the payment ecosystem and interoperability.

Redbridge Debt & Treasury Advisory announces its participation in nexo initiatives to develop a common protocol and a unified solution to facilitate electronic payments in Europe.

nexo standards is an open, global association dedicated to removing the barriers present in today’s fragmented global card payment acceptance ecosystem. Headquartered in Brussels, its members represent the full spectrum of card payments stakeholders, including acceptors, processors, card schemes, payment service providers and vendors. nexo standards enable fast, interoperable and borderless payments acceptance by standardizing the exchange of payment acceptance data between merchants, acquirers, payment service providers and other payment stakeholders. nexo’s messaging protocols and specifications adhere to ISO20022 standards, are universally applicable and are freely available globally.

As an associate member, Rebdridge plans to actively participate in the nexo association through involvement on working groups and task forces, advocating for its clients’ needs and providing relevant input, and promoting the association’s projects and standards.

David Laugier, Chief Executive Officer has commented: “Redbridge has always been committed to contributing to and supporting open standards to the benefit of its clients. Our company plays an active role in initiatives to standardize bank charges (e.g. AFP Codes, TWIST BSB, camt.086 billing standards…). We are glad to support the development of another important industry standard which, we believe, will benefit to the merchants through innovation and competition”

For more information on Redbridge, visit redbridgedta.com.

Press kit available on request.

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About Redbridge DTA

 

Redbridge is the leading financial management partner to corporations around the globe. We assist companies in their development throughout the world, providing support for all their financing and treasury projects, both upstream in defining strategic orientation (financing structure, cash management organization, banking relations, etc.) and in implementing operational solutions (bank or market financing, cash management, money markets, etc.).

 

Redbridge DTA teams are located in Paris, New York, Houston, London and Geneva.

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