After lamenting the lowest common denominator approach taken by Sepa and the loss of functionality of its credit transfer and direct debit instruments compared to existing domestic instruments, corporates are taking the matters in their own hands.
Keen to avoid a “mini Sepa”, the French Association of Corporate Treasurers (AFTE) announced in its latest newsletter it [...]

Filed under: Corporate Banking, Payments, regulation | Comments Off

You’d think it would be easy and affordable to “electronify” business documents. After all, isn’t it much easier, not to mention faster, to email an invoice rather than send a hard copy in the post? Sounds simple enough, except that, in its infinite wisdom, European law demands that electronic invoices be digitally signed, with a [...]

Filed under: Retail Banking, Technology, regulation | Comments Off