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.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more