Sentenial has been contracted by ABN AMRO to deliver a fully SEPA compliant solution for the bank’s pan European Direct Debit processing requirements. The Sentenial EuroDebit solution will be fully integrated to the bank’s core payments architecture to enable the bank meet mandated SEPA rulebook requirements. Using EuroDebit, ABN AMRO hopes to have the ability to rationalise a number of legacy and in-house Direct Debit systems and ensure the group’s scheme rule compliance while achieving high straight-through processing levels and exception automation. A major factor in the selection of the Sentenial solution was its multi-scheme, multi-bank, mulit-currency capabilities, which provides the bank with a long-term solution, future proofed against ongoing scheme changes, including SEPA. In addition to SEPA compliance, Sentenial says the solution will provide the bank with a proven mandate management platform to ensure efficient processing of mandates under the new scheme rules.
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.