The new representative office in Warsaw will enable SIA-SSB to pursue new business opportunities also in neighboring markets, such as Russia, Ukraine and the Baltic area.
Renzo Vanetti, CEO of SIA-SSB, said: “In the light of the growing importance that the Central-Eastern European countries are taking on, it is becoming increasingly strategic for SIA-SSB Group to be able to follow the financial institutions in that area closely, in both the payment cards sector and the other business areas, creating technology systems and solutions already implemented successfully in other European countries.
“Central-Eastern Europe has been one of the guiding lines of the group’s expansion strategy for a number of years. We have decided to open a new office in Poland because the payments market in this country has one of the highest growth potentials in the area and thus offers attractive opportunities for the design and development of innovative services especially in the areas of mobile and contactless payments and prepaid cards.”
SIA-SSB, an European Information & Communication Technology firm, provides services and solutions to international financial community in the areas of payment card processing, payments systems, capital markets and network services for connectivity and messaging.
Created by the merger between SIA (SocietA Interbancaria per l’Automazione) and SSB (SocietA per i Servizi Bancari) in May 2007, SIA-SSB Group currently operates in over 30 countries and has subsidiaries in Belgium, Hungary and South Africa.
