SEPA progress - 14 March: varied performance across Europe, still much to solve
by Kylene Casanova
Critical dates soon: Spain switches off credits on 17 March, Belgium & Ireland all on 31st = chaos?
Direct Debit Bill Payments
Background
A Direct Debit (DD) is an instruction from a customer to their bank or building society authorising an organisation to collect varying amounts from their account, as long as the customer has been…
Read moreElectronic mandates for SEPA Direct Debits in 2014 & across eurozone in 2 years
by Kylene Casanova
MyBank mandate pilot service provider testing phase successfully completed
SEPA - 3 February 2014 progress: the sky has NOT fallen in, but end of month concerns
by Kylene Casanova
SEPA Direct Debit returns causing problems particularly as corporates not understand reasons for rej
ModusLink adds P4 Solutions’ SEPA Direct Debit Processing System to its Network
by Kylene Casanova
Secure processing of virtual e-mandates now available
TIS SEPA direct debit management module
by Kylene Casanova
Cloud based payment solutions showing increasing presence corporate payment services
2nd SEPA Direct Debit E-mandates day
by Kylene Casanova
Innopay Conference: Brussels, 28th of November 2013
Banks’ e-Mandate solutions for SEPA DD will be too late for Feb 2014. Use alternatives
by Kylene Casanova
E.g. AcceptEmail’s EBPP platform for automating your SEPA e-Mandates
Major inefficiencies in Direct Debit and Direct Credit payments processing in the UK
by Kylene Casanova
Failed direct debits cost £50 or more
PAY.ON adds extra SEPA Direct Debit e-mandate facility from P4 Solutions to their network
by Kylene Casanova
P4 Solutions’ e-mandate opens up new markets fro direct debiting
European Payments Council survey of country specific considerations when initiating cross-border SDD
by Kylene Casanova
In January 2013 the EPC published the results of their survey of the specific migration rules that need to be taken into consideration when initiating cross-border SDD collections.
SMS Direct Debit – plug-and-play software for SEPA Direct Debit mandate administration
by Kylene Casanova
SEPA Direct Debit mandate administration is a huge problem in moving from the legacy national direct debit schemes. There is a growing number of DD mandate management systems and services
Germany’s UTA Implements SEPA Direct Debits
by Kylene Casanova
Thomas Wolpert of UTA, a transport services provider operating throughout Europe, describes how their single euro payments area (SEPA) Direct Debit (SDD) implementation programme began in 2010 and is now all ready f
The question is ‘How to provide Multiple Payment Channels?’, not whether
by Kylene Casanova
There is general agreement that consumers expect to be able choose from a range of payment methods to pay for their goods and services. (See Safety Insurance case study.) Businesses are undecided as to: 1) which pa
Citi and CGI Logica join forces to offer end-to-end SEPA Direct Debit solution
by Kylene Casanova
Logica, now part of CGI Group Inc., and Citi's Transaction Services division, have formed a strategic alliance to provide CGI's Logica Mandate Management service (LMM) to Citi's institutional client base in Europe.
Bottomline aiming for domination of financial process automation in Europe as they takeover another
by Kylene Casanova
Bottomline Technologies of the US have announced that they are to acquire UK Bacs processing firm Albany Software. Financial terms of the acquisition were not disclosed.
SunGard and Sentenial identify implementation areas and concerns created by the February 1, 2014 and
by Kylene Casanova
The legally-binding SEPA (Single Euro Payments Area) implementation deadline of February 1, 2014 will have a huge impact and will require companies to undertake significant IT changes.
New full life-cycle SEPA Mandate Management Solution from BofA Merrill
by Kylene Casanova
BofA Merrill has chosen Sential's Origix Corporate as their solution for SEPA Direct Debit mandate management.
SEPA Progress
by Kylene Casanova
The October 2011 European Payments Council newsletter revealed that according to the European Central Bank analysis: