Facing a tightening of European rules (AMLR), Fnac Darty is adopting a BNP Paribas solution to automate third-party vendor compliance and secure associated financial flows. A key foundation, at a time when a Fnac retailer is preparing to strengthen an omnichannel dimension of a marketplace in Spain and Portugal.
Whilst Fnac‘s marketplace activity is becoming more European (France, Spain, Portugal and Belgium) but also more regulated at a regulatory level, the high-tech is deploying internationally a payment infrastructure solution dedicated to marketplaces and complex flows, 1point6 (a subsidiary of BNP Paribas), mind Retail has learned.
For the retailer, whose marketplace accounts for approximately 20% of online GMV, this solution aims to “optimize the due diligence process for third-party vendors by
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Article authors
Sophie Baqué
Chief Editor of mind Retail