Case Study
SIBS Builds Open Banking Platform of the Future with TIBCO’s API-led Platform
TIBCO Success Story: SIBS Business Challenge To build competitive advantage and prepare for future requirements, such as the impending PSD2 regulation, Portugal’s leading payments processor, SIBS, applied a forward- thinking strategy using unique API infrastructure to create a differentiated customer experience. Transformation SIBS built a revolutionary open-banking platform from scratch using the TIBCO platform to change the way users and 24 financial institutions in Portugal do business. It also developed an award-winning digital wallet app and a marketplace for all Portuguese banks and customers. SIBS Builds Open Banking Platform of the Future with TIBCO’s API- led Platform SIBS, a leader in payments processing and financial technological services in Europe, processes more t