Tesco Bank: Providing seamless lockbox cheque processing to leading UK bank

3+ Year relationship 70K Cheques handled 65% Cost reduction £124m Payments value Background Tesco’s activity as a key supplier and key service provider through the pandemic increased substantially. Through the dramatic change in the marketplace, their primary focus was to continue to provide critical banking services to all customers. The key driver for this was […]

Partnerships will be key to driving transformation

By Craig Naylor-Smith, CEO, Parseq. The UK’s financial services businesses continue to operate in a challenging environment. On top of working in a highly regulated and increasingly competitive sector, firms must navigate significant uncertainty post-Brexit and keep pace with an ongoing shift towards greater digitalisation. The pandemic has also pushed the sector further into the […]

Successful audit delivers continued PCI compliance mid-pandemic

Business process outsourcer (BPO) Parseq has successfully achieved continued PCI compliance, one of the first remote PCI DSS assessments conducted by global cyber security and risk mitigation experts, NCC Group, during the global pandemic. Parseq provides critical payments and payroll services to the UK’s biggest banks and financial institutions and, if it grinds to a […]