SEPA

A SEPA Adoption Checklist For Corporates
Brian Hanrahan, Sentenial - 11 May 2010
Adopting single euro payments area (SEPA) payment mechanisms will present a considerable challenge for European businesses over the next few years. However, there are also benefits to be gleaned from ...

SEPA End-date: Regulators Should Take Inspiration from the US Health Care Reform
Gerard Hartsink, European Payments Council (EPC) - 11 May 2010
The single euro payments area (SEPA) discussion paper recently tabled by the European Commission (EC) reveals some trepidation by the regulators to take decisive action. EU lawmakers should take inspi...
Originally published in EPC Newsletter

France's Great SEPA Migration
Selwyn Parker, Freelance Consultant - HSBC Global Transaction Banking - 11 May 2010
The rest of Europe watches with anticipation as France pioneers the great migration to the single euro payments area (SEPA).
Originally published in Treasury World, the treasury and finance magazine from HSBC

Regulators Pushing SEPA in the Direction of Payment Users
Tom Buschman, TWIST - 13 Apr 2010
By introducing 'essential requirements' for payment systems to be delivered by a SEPA end-date, the EU regulators open the door for user requirements to be fully met within three years.

Return to Sender: E-invoicing is Paying Off in the Nordics
Johanna Andersén, Nordea - 09 Feb 2010
Declining to accept paper and PDF invoices is already a reality in the Nordic countries. Many more corporations, municipalities and state treasuries are starting to refuse paper invoices as e-invoicin...

What Happened with SEPA?
Erik Seifert, SEB - 03 Nov 2009
With the SEPA Direct Debit scheme being introduced as I write, the lack of momentum with regards to SEPA adoption is of significant concern, particularly to the European Commission. What needs to be d...

CSM Interoperability: The Situation in Europe Today
Norbert Bielefeld, European Savings Bank Group (ESBG) - 20 Oct 2009
A reshaping of the clearing and settlement landscape is now underway. SEPA migration paves the way for clearing house consolidation in the eurozone, or at least easier interoperability between systems...

Recognition Due for Business Drivers of SEPA
Richard Davies, Logica - 21 Jul 2009
Despite the launch of SEPA Credit Transfers and the impending start of SEPA Direct Debits in November, practical implementation remains low, with the full SEPA seeming a distant reality. However, the ...

Developments in SEPA Direct Debits
Karoline von Richthofen, Deutsche Bank - 30 Jun 2009
With the EPC decision on the launch of the SEPA direct debit in November and the formal start of the end-date discussions by the European Commission, the SEPA project has received new momentum.

SEPA Starts to Fulfil its Promises
Vesa Kalliokoski, OpusCapita - Eddy Ouwendijk, Deloitte - Taco De Vries, Atos Origin - 16 Jun 2009
What is the current situation with national migration to SEPA services and how prepared are corporates for this? Last autumn, Deloitte and Atos Consulting analysed the awareness of and the readiness f...
Originally published in OpusCapita Journal

SEPA's Perfect Future
Michael Steinbach, Equens - 16 Jun 2009
Despite the economic downturn and a slow take-up of SEPA Credit Transfers, SEPA's overall advantages are indisputable.
Originally published by financial-i

Emerging Trends and Developments in Liquidity Management
Luc Belpaire, SunGard AvantGard - 24 Mar 2009
How can corporates track where their available cash is and how can they release this from the payments and receivables system to utilise it elsewhere in the organisation?

Real-time Settlements - Why the Delay?
Mike Aston, Distra - 24 Mar 2009
This article debunks some of the myths surrounding faster payments and outlines the reasons why it is only a matter of time before everyone is demanding real-time payments settlement.

The Status of SEPA in 2009
Berit Lund, Nordea - 17 Mar 2009
2008 was a challenging year for the single euro payments area (SEPA). It brought the first successful, visible deliverables of SEPA to the market with the introduction of SEPA Credit Transfers and the...

Financial Crisis: SEPA Can be Part of the Solution
Charlie McCreevy, European Commission - 10 Feb 2009
This article explains the solid financial reasons for pressing ahead with full SEPA implementation, and looks at the action points that should be addressed in the upcoming timetable.
Originally published in EPC Newsletter

How to Build Confidence for a Successful SDD Appropriation
Guillaume de Longeaux, ADN'co - 27 Jan 2009
As corporates and banks prepare for the SEPA Direct Debit to become a reality later this year, some are worried that creditors will suffer under the new system. This article examines if this is the ca...

Is Outside Regulation the Answer to a Stagnating SEPA?
Paul Styles, ACI Worldwide - 27 Jan 2009
As some national migration plans for SEPA show signs of lapsing, how can this European standardised payments initiative regain momentum?

SEPA Direct Debit: Meeting the Challenge
James Clark, Pegasystems - 27 Jan 2009
This article looks at the keys steps in making the decision as to whether or not corporate treasurers wish to participate in the SEPA scheme from a pre-determined date.

SEPA: Challenges and Opportunities for 2009
Rajesh Mehta, Citi - 27 Jan 2009
The SEPA Credit Transfer scheme has made some inroads since its launch last year, but there are still significant challenges and hurdles to overcome before the mass adoption of SEPA.

The Impact of the Credit Crisis on SEPA Implementation
Simon Shephard, ING - 27 Jan 2009
'Back to basics' has become the banks' rallying call to combat the credit crisis. How will this affect the European payments landscape and SEPA implementation?

SEPA Migration Needs Commitment from All Stakeholders
Mario de Lorenzo, SIA-SSB - 27 Jan 2009
Promoting the use of new SEPA services and setting a deadline for the migration as soon as possible can facilitate the migration of all stakeholders to SEPA instruments.

SEPA and Non-SEPA Payments in Romania
Ionel Dumitru, TransFonD - 30 Sep 2008
How is Romania, a country planning for euro adoption in the next four to six years, preparing its national payments infrastructure for SEPA payments?

SEPA: Industry Targets for Year-end 2008
Karoline von Richthofen, Deutsche Bank - 16 Sep 2008
Nine months since the launch of SEPA, this article considers how the SEPA Credit Transfer (SCT) has fared so far, and what challenges remain for the industry to resolve in order to ensure the long-ter...

SEPA Compliance - The Tip of the Iceberg
Damien Molloy, Sentenial - 26 Aug 2008
With the introduction of SEPA instruments, banks need to re-evaluate their payments strategy and look beyond compliance to offer a greater service to their customers.

SEPA 2008 Priorities for the Payments Industry
Jonathan Williams, Experian Payments - 25 Mar 2008
Following the launch of the SCT earlier this year, what impact has it had on the payments industry and what challenges lie ahead for corporates and the industry as whole in terms of SEPA compliance?

Impact of the SEPA Credit Transfer
Robert McKay, Accuity - 25 Mar 2008
Following the introduction of the SCT earlier this year, this article discusses how it has affected the payments industry and clearing and settlement in Europe as well as how the new instrument is wor...

SEPA: Benefits of ISO's Structured Creditor Reference
OpusCapita - 25 Mar 2008
This article considers the introduction of the ISO RF Creditor Reference standard, which will improve the STP of payments as well as provide efficiency gains in the area of liquidity and working capit...

SEPA: Launch of the SCT and New Year Challenges
Robert Heisterborg, ING - 29 Jan 2008
This article outlines the progress made so far by the European banking industry towards creating SEPA, as well as the challenges that corporates and banks face this year in their preparation and imple...

SEPA: Business Opportunities Despite Direct Debit Delay
Patrick Nobbs, Direct Debit Limited - 12 Apr 2007
Following the recent confirmation that the implementation of the SEPA direct debit payment instrument will be delayed, many European banks are still confident that SEPA will create new business opport...

Fighting Cash Not SEPA: How European Banks Can Win With Debit Cards
Wouter De Ploey, McKinsey - Olivier Denecker, McKinsey - Mieke Van Oostende, McKinsey - 19 Mar 2007
Governments and central banks must play a key role in making the war on cash possible. Once political consensus is reached, banks and merchants must follow swiftly. If successful, this could enable th...

SEPA: Why Should Banks Take a New Approach to Direct Debit?
Sean Fitzgerald, Sentenial - 12 Feb 2007
With the financial implications of SEPA on bank profit margins, a change in attitude to direct debits could prove lucrative. This article discusses new strategies for banks in the way they deal with d...

SEPA Direct Debit Delay: Time to Review Your SEPA Strategy!
Roderick Kroon, Enigma Payments Consulting - 05 Feb 2007
In the countdown to SEPA, this article looks at the implications of the SEPA Direct Debit delay on decisions previously made by banks and strategic repositioning going forward.

SEPA Direct Debit and the Centralisation of Euro Receivables Management
Paul Nixon, HSBC Global Payments and Cash Management - 12 Dec 2006
SEPA Direct Debit (DD) presents the opportunity for corporate treasurers to make significant improvements to their receivables management. In conjunction with the SEPA Credit Transfer and SEPA Cards F...

SEPA: Analysis of the New Payment Instruments
28 Nov 2006
This article compares the SEPA credit transfer and direct debit schemes with equivalent instruments currently used in France and outlines the consequences for users.
Originally published in Le Bulletin de la Banque de France

Will SEPA Direct Debit Be a Winner For Pan-European Corporates?
Bob Lyddon, ACI Worldwide - 06 Nov 2006
What are the main concerns and criticisms surrounding the SEPA Direct Debit Scheme (SDD) and will it be a success among corporates?