Raiffeisen Bank International Chooses SmartStream
Raiffeisen Bank International, the first Austrian bank to adopt Swift E&I, the Swift initiative set up to automate payment exceptions and investigations, has gone live with SmartStream's TLM Corona Swift E&I service.
As well as supporting the Swift E&I initiative by creating an integrated reconciliations and payments exception management platform at its shared service centre in Vienna, SmartStream's TLM Corona Swift E&I will enable the bank to lower exception processing costs and improve customer service across its payments operations.
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