DIAS Interbanking Systems S.A. joined the Berlin Group in February 2010. DIAS was founded in 1989 by the Greek Banks and the Bank of Greece. DIAS explained the reasons for joining as follows: "DIAS, through its participation in the Berlin Group initiative, looks forward to working closely with other European Card Payment Schemes and Processors for the standardization of acquirer / issuer interfaces, bringing to its members new business opportunities within SEPA. DIAS has developed and operates several payment systems covering the needs of both the banking industry and the Public Sector. DIAS has adapted its payment systems to be compliant with SEPA specifications regarding Credit Transfers and Direct Debits. In addition, DIAS is the gateway of the Greek banking community to EACHA and EBA."