Forbis Company has made its payment system, BIS FORPOST, single euro payments area (SEPA) -compliant to allow its existing and future clients to integrate into the EU payments system.
The implementation of SEPA means that new EU countries join the euro, it will not be necessary quickly to modify local payment systems, because the stipulated settlements will be performed in the SEPA format. The SEPA payment servicing tools allow the banks’ customers to make payments in euros more easily. The fees for SEPA payments may be lower than those of standard SWIFT payments.
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.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.