Payment institution EPBF, a subsidiary of the French bank BRED Banque Populaire which is active in our country in the area of SEPA payments (Single Euro Payments Area), aims to further expand its activities on the Belgian market. The payment institution already has an extensive international customer portfolio, but by joining the ultra-secure platform Isabel 6 -offered by Isabel Group, the leading provider of multi-bank Internet and mobile banking services for professional users in Belgium – the financial stakeholder aims to further strengthen its position on the Belgian market.
EPBF, a subsidiary of leading French BRED Banque Populaire, currently processes a third of all SEPA direct debits initiated from Belgium. The financial stakeholder wishes to further increase its share, particularly in respect of medium and large enterprises. By joining the Isabel 6 platform, it aims to be even more responsive to its customer’s needs. “In the current context of increasing standardisation of payment services, EPBF sets itself apart by offering a close, privileged relationship that meets every one of its customers’ specific needs with a tailored solution,” said Bertrand Roux, CEO of EPBF.
EPBF is the 26th payment institution to join the Isabel network. “We are pleased that payment institution EPBF has confidence in Isabel Group and are particularly happy that they recognise the many benefits of Isabel 6,” said Johan De Meyer, CEO of Isabel Group.Isabel Group, the leading provider of multi-bank Internet and mobile banking services for professional users in Belgium, handles over 1 million transactions per day, representing a total annual amount of around 2,600 billion Euros.
EPBF offers payment and cash management solutions to international companies. In 2016, it processed 177 million SEPA transactions, for a total value of 28 billion Euros.
EPBF is based in Brussels and has in BRED Banque Populaire a parent company that is one of the leading players in payment methods in France. BRED Banque Populaire itself belongs to Groupe BPCE, the second largest French banking group.
About Isabel Group
Isabel Group was founded in 1995 at the initiative of the major banks, its shareholders, and became the leading provider of multi-bank internet banking services for professional users in Belgium. 75,000 users and 30,000 customers including major companies, SMEs, schools, the self-employed, and government agencies are able to choose the best products and services offered by over 25 banks at the best conditions. The Isabel 6 solution enables 433 million secure transactions to be processed every year, for a total value of 2,600 billion Euros.
Isabel Group is also the driving force behind Zoomit, the free Internet and Mobile Banking service used by 13 banks which enables invoices to be quickly and easily paid with a single click. Zoomit is used by more than 1.000.000 consumers and processes 350.000 documents every day from over 100 different senders of invoices, bank statements, tax returns and pay slips.
In October 2016, Isabel Group acquired CodaBox, leader in digitalization for accountancy professionals and experts. Collaboration between both entities, that continue to exist independently, leads to a better service for professional clients and an expansion of the offering. CodaBox currently has a customer base of 1,450 accountancy firms, and is the market leader in its domain.
Isabel Group employs 200 experts, its registered office is located in the heart of Brussels and it achieved a turnover of 58.7 million Euros in 2016.