Banking technology vendor Asseco South Eastern Europe (Asseco SEE) has joined the NextGenPSD2 Implementation Support Programme (NISP), which supports banks and interbank processors throughout Europe in implementing the Berlin Group NextGenPSD2 Framework, reports Tanya Andreasyan of Fintech Futures (Finovate’s sister publication).

With this move, Asseco SEE aims to deliver assistance to banks regarding implementation and achieving compliance with all relevant requirements of the revised Payment Services Directive (PSD2).

Asseco SEE described the Berlin Group as “a widely respected, pan-European payments interoperability standards and harmonization initiative”. Its NISP initiative was formed with “a goal to help implementers achieve fallback exemption and reduce interoperability issues,” the vendor added.

It now has over 20 member organisations, with Asseco SEE being the first vendor to join. “Having Asseco SEE as a solution vendor and NISP member will significantly contribute to the diversity and bring added value to the support we can provide to help resolve any interoperability issues,” stated Dr. Ortwin Scheja, project lead of NISP.

Predrag Popović, Asseco SEE’s group product director, said the membership is a “great honor” for the company.

“With our know-how incorporated in the PSD2 Enabler solution, which fits the Berlin Group NextGenPSD2 Framework and enables full PSD2 compliance out-of-the-box, we are sure our participation will be of immense assistance to all NISP members enabling them to optimize their implementations, deliver maximum quality and have their questions answered,” he said.

The Asseco SEE Group is one of the biggest IT companies that develops and implements its own software solutions and services across South Eastern Europe and Turkey. It employs over 1,550 people and operates in 13 countries, covering a market of 176 million people and eight languages. The company’s offerings serve a number of industry verticals, including financial services, payments, public administration and telecoms.

Among its subsidiaries are Eastern European paytech firm Payten and Portuguese core banking software vendor Exictos (now known as Asseco PST).

Listed on the Warsaw Stock Exchange, Asseco SEE shared the Finovate stage with Telenor banka at FinovateEurope 2015. The first fully mobile online bank in the SEE region, Telenor banka demonstrated its mobile device loan offering powered by Asseco SEE’s ASEBA Multichannel Hub.