Lleida.net Strengthens Collaboration with Ibercaja in the Management of Debit Balance Notifications

Rhea-AI Summary

Spanish technology company Lleida.net (BME:LLN; EPA:ALLLN) has extended its contract with Ibercaja to manage debit balance notifications on cards, accounts, and loans. This marks a significant step in the bank's digitalization strategy and strengthens Lleida.net's position in the banking sector.

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• Lleida.net has accumulated a total of 305 patents in more than 60 countries for its innovations in the field of registered e-signatures, e-notification, and e-procurement.
• Ibercaja is one of the largest Spanish banking groups with two million customers throughout the country, 893 branches, 4,914 employees, and a turnover of 97,909 million euros.
• The contract extension with Ibercaja demonstrates Lleida.net's reliability and effectiveness in providing evidence of communications made, minimizing risks associated with online fraud.

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Madrid, 31 January- Spanish technology company Lleida.net (BME:LLN; EPA:ALLLN), a leader in registered electronic contracting and notification services, has signed an agreement to extend its contract with Ibercaja for the management of debit balance notifications on cards, accounts and loans.

This extension, which began to be implemented in December, marks a significant step in the bank's digitalisation strategy and further consolidates Lleida.net's position in the banking sector. The contract, which is open-ended, was originally launched in June 2020, with reliable communications relating to accounts, and has now been extended to loans and cards.

Since then, Ibercaja has been using Lleida.net's proprietary text message certification systems to automatically notify its customers of negative account balances, facilitating the bank's interaction with its customers, generating evidence of the communications made and minimising the risks associated with online fraud.

Lleida.net's certification processes are especially useful for the banking sector, as they immediately and automatically generate the necessary evidence of the notification of debit balances, so that these can be solved more efficiently, with the maximum guarantee of integrity throughout the 5 years of custody of the evidence.

Since the pandemic, one of the sectors that has been quickest to adapt its registered electronic notification systems is banking, which is in the midst of a process of digital transformation and in search of suitable solutions to optimise its processes and improve costs.

Ibercaja is one of the largest Spanish banking groups, with two million customers throughout the country, 893 branches, 4,914 employees and a turnover of 97,909 million euros.

It has its own financial group (investment funds, pension plans, savings and risk insurance) and is firmly committed to helping and adding value to its customers. Professionalism, proximity and social and territorial commitment are some of the distinguishing features of the Institution. Ibercaja is firmly committed to sustainability and integrates it into its financial activity, accompanying its customers with sustainable products and services, assuming the commitment to be carbon neutral by 2050, and incorporating environmental, social and governance factors in risk management.

Lleida.net, founded in 1995, is one of the leaders in the registered e-signature, e-notification and e-contracting industry. The company has accumulated a total of 305 patents in more than 60 countries for its innovations in the field of registered e-signatures, e-notification and e-procurement.

The company is listed on several stock exchanges, including BME Growth in Madrid since 2015, Euronext Growth in Paris since 2018 and OTCQX in New York since 2020."

DISCLAIMER

This press release contains statements regarding the future of the Lleida.net company and its innovations. Statements regarding the future may be accompanied by words such as "anticipate", "believe", "estimate", "wait", "anticipate", "pretend", "power", "plan", "potential", the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company's commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise  .

FAQ

What is the significance of Lleida.net extending its contract with Ibercaja?

Lleida.net has extended its contract with Ibercaja to manage debit balance notifications on cards, accounts, and loans, marking a significant step in the bank's digitalization strategy and strengthening Lleida.net's position in the banking sector.

How many patents has Lleida.net accumulated for its innovations?

Lleida.net has accumulated a total of 305 patents in more than 60 countries for its innovations in the field of registered e-signatures, e-notification, and e-procurement.

What are the key statistics related to Ibercaja?

Ibercaja is one of the largest Spanish banking groups with two million customers throughout the country, 893 branches, 4,914 employees, and a turnover of 97,909 million euros.