The consequences for the financial market have become very concrete and that just a few weeks after the Wirecard incident.
All finance and payment institutions will now have to devote themselves to the task of increasing the level of clearness in the fields of reconciliation and entries.
In 2013 within the development of a Business Unit Payment, an international telecommunication company won, with the support of SHC as a “lighthouse project”, the largest German gas station and rest stops operators. The aim of the gas station and rest stop operator was to enable cashless, contactless payment for the users of approx. 1.000 access machines and approx. 400 Self-Payment coffee dispensers at their gas stations and rest stops. To this end, the project partners jointly set up a contactless payment system, piloted it and rolled it out in the field.
Within the collaboration, additional value-added services were developed. As far as the project tasks are concerned, SHC took over the whole control and coordination of the major project.