The European Central Bank (ECB) and the European Commission describe SEPA (Single Euro Payments Area) as "an integrated market for payment services which is subject to effective competition…
Read moreby Kylene Casanova
The consensus in the many corporate treasurers I know is that the euro will survive, and at least one country will exit the euro. Although there are great differences of opinion about what will happen, ranging from
by Kylene Casanova
Experian warns that, although SEPA may have been designed to simplify and streamline processing operations for domestic and international payments, it will also expose out-of-date account data and other errors that
by Kylene Casanova
Olli Kähkönen, Nordea started his presentation by describing the spirit and philosophy of SEPA beautifully, namely: realizing benefits form global standards, end-to-end automation, common collaboration, from complex
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.
by Kylene Casanova
Belgium is by far the front-runner in the migration towards SEPA. In July 2012, the share of SCTs reached more than 58% of the total number of credit transfers made, a much higher proportion than in most other count
by Kylene Casanova
Business and technology service provider Logica has signed an agreement with Rabobank to help the bank's corporate customers meet the introduction of Single Euro Payments Area (SEPA). As part of this collaboration,
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.
by Kylene Casanova
Poor payment data in SEPA can cost a lot. Banks charge €6 per record to reformat an IBAN(International Bank Account Number) and rectify failed payments and then there is the cost of contacting all customers and supp
by Kylene Casanova
The October 2011 European Payments Council newsletter revealed that according to the European Central Bank analysis:
