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.
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