In a recent report entitled SEPA: Banks are building it, but will customers come?, Celent analyst Enrico Camarinelli writes that the level of Sepa attention by corporate users is “very little, almost nonexistent.” He adds that the mandatory requirements of IFRS and Sarbanes-Oxley have put Sepa low on the corporate “to-do list.”
Yet the crucial role […]

Filed under: Payments, Technology, regulation | 4 Comments »

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 | No Comments »