BNP Paribas and BPCE Partner to Create Payment Processor

With 17 billion transactions from BNP Paribas and BPCE alone, the processor would be the No. 1 processor in France, and the two banks aim to make it a Top 3 processor in Europe, they said in a Thursday (June 13) press release. "With this new industrial partnership project, in line with our next strategic plan, we are taking an important step towards accelerating innovation in payments in the coming years," BPCE CEO Nicolas Namias said in the release. The partnership of the two banks aims to respond to the d ...