Voca has announced the results from its payments survey conducted at the international banking conference, SIBOS, last month. The Single European Payments Area’s (SEPA’s) role in uniting Europe and promoting its competitiveness were widely referenced by respondents who generally believed SEPA was inevitable and will bring significant benefits to banks and customers. Meanwhile, the role of regulation produced a consensus that the payments industry will deliver a better solution unregulated, and with some consolidation. As a result regulation was seen mainly as a tool to invoke only if delivery dates were seriously jeopardized. 67 per cent of respondents ranked the delivery of SEPA in 2010 as critical or very important. Delivery is the chief area of interest regarding SEPA for managers, followed by its integration and securing cost benefits. 21 per cent cited dealing with new regulation as their single biggest management challenge. Security, including business continuity and fraud prevention, achieved the highest ‘critical’ rating for a payments issue.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.