In an interview with the payments journal SPEED, Gerard Hartsink revealed why Europe’s banks can no longer commit to a key SEPA deadline. Hartsink explained that banks will be unable to meet the 1 january 2008 SEPA deadline for direct debit as European lawmakers have failed to pass the PSD legislation required for SEPA. If the PSD is passed before April 2007, Hartsink believes the earliest SEPA direct debits can be offered by banks is Q4 2008. In the interview, Hartsink critised the public sector in Europe for not taking the lead in becoming SEPA compliant. He added, that the public sector lack the current resources required to do so before the 1 january 2008 deadline.
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