For 40 years now, the name GEVA has been recognised within the financial sector as one of Europe’s leading specialists in payment transactions and a key partner for financial institutions, public sector organisations and corporations.

GEVA Datentechnik GmbH was founded in 1982 by members of staff from the Department of Computer Science at RWTH Aachen University. Today, GEVA Group GmbH is a holding company with five subsidiaries, which has significantly expanded and diversified its range of services. Across Europe, the GEVA Group employs more than 70 staff at five locations, who work in interdisciplinary teams to further develop its secure, efficient and innovative solutions.

It offers its customers professional, tailored and forward-looking solutions for electronic and paper-based payment transactions, as well as in the areas of hosting, instant payments and compliance software as a service. In doing so, it complies with all regulatory requirements of the payments industry.

The latest development from the GEVA Group is a technical solution for a Request to Pay (RTP) involving Instant Payments. GEVA is currently carrying out a pilot project with a federal authority. The agency and its affiliated offices use the GEVA solution within the SAP system to generate the RTP and process incoming Instant Payments. The EBICS channel is used for data transmission.

The GEVA Cloud, powered by IBM, is the solution for institutions and businesses requiring software products for payment transactions, banking portals, SWIFT services and EBICS banking systems as Software as a Service (SaaS), together with the relevant services covering operations and regulatory compliance.

www.geva-group.com