BNP Paribas rolls out BENEtracker, an innovative solution that enables international credit transfer issuers to offer their beneficiaries real-time monitoring of their transactions with simplicity and security
11.02.2021 | Innovation, Press release
- Inspired by and co-created with l'Oréal, BENEtracker is now available to all BNP Paribas corporate clients
- An innovative, secure and simple solution, aiming to support corporates’ cross-border business activities
BNP Paribas' BENEtracker provides corporates with greater flexibility by giving them and their international payments beneficiaries access to a simple, user-friendly and secure platform.
BENEtracker is based on BNP Paribas' SWIFT gpi Metroline, which provides international payment issuers with real-time visibility on the progress and status of each of their transactions until their beneficiary’s account is credited. It is a solution without any technical constraints for the beneficiary and one that guarantees strong protection of sensitive data. BNP Paribas’ corporate customers can now offer their beneficiaries payment traceability in real-time, in a highly secure way, thereby ensuring efficiency, transparency and trust.
‘The complexity of an international transfer for companies lies in the dependence of a long chain of actors and regulations to complete the transaction. BENEtracker makes it possible to trace and streamline international payments. This solution also meets the growing liquidity needs of corporate clients in an increasingly complex and globalised operating environment. ‘Explains Marc Espagnon, Head of Payments and Cash Management at BNP Paribas.
BENEtracker is available to all BNP Paribas corporate clients, via their e-banking tool - Connexis Cash or Ma Banque Entreprise.
Press contact :
Servane Costrel de Corainville - +33(0)6 74 81 98 27 - email@example.com
About BNP Paribas
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees, including more than 151 000 in Europe. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in the field of consumer lending in Europe. BNP Paribas is also rolling out its integrated retail banking model across the Mediterranean countries and in Turkey and Eastern Europe and has a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.