Atos Worldline has launched a new solution, called Worldline European Mandate and Direct Debit management solution (EMD2), to help the adoption of the SEPA Direct Debit (SDD) scheme for European corporations and banks. SDD, a part of the overall single euro payments area (SEPA) initiative, is the payment instrument that will progressively replace currently existing domestic direct debit schemes beginning in November 2009.
EMD2, compliant with EPC (European Payment Council) guidelines for B2B, B2C and e-mandates, can be easily and transparently integrated into the clients’ existing information systems. It enables European corporations to facilitate the migration to SDD by reducing the impact on existing IT systems and processes, and therefore enabling them to reach more rapidly the benefits of SEPA.
“While the current economic situation has quite an impact on budgets for new projects, transactional services such as the EMD2 management solution offer an interesting ‘pay-per-use’ business model to minimise up-front investment, reduce operational risk, foster compliance and increase competitive advantage,” said Claude France, executive vice president in charge of business marketing & strategy at Atos Worldline.
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