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Posts Tagged ‘SEPA’Bankers need to move towards new frontiers in paymentsThe yearly EPCA Conference is one of the very few conferences where payments are being discussed in their wider strategic context. For years conference chairmen and organizers Harry Smorenberg and Douwe Lycklama have been shaping the EPCA Conference into an event they would like to go to themselves. The yearly reviews of the EPCA Conference [...] > Read more...  Tags: cash, conference, Disneyland, E-identity, E-invoicing, e-payment, EPCA, PSD, SEPASEPA drying up profits in remittanceWhile reading the June 2009 issue of McKinsey on Payments, I encountered an article on remittance that got me thinking about remittances within Europe. The McKinsey article discussed the lucrative but difficult remittance market. “Global remittances can be analyzed by geographical “corridors” of money flows between countries.” The largest corridor is between the US and Mexico, with [...] > Read more... Tags: European Union, Poland, Remittance, SEPA, the NetherlandsCould e-invoicing solve the problems around the SEPA Direct Debit?The SEPA Direct Debit (SDD) remains the EPC’s problem child. Both banks and end-users (business and consumer bodies) expressed their reservations, or even worse, object to the existing SDD design. Recently, a position paper written by the Payment System End-user community, describes the key flaws in the design of the SDD scheme, and the governance of [...] > Read more... Tags: E-invoicing, SEPASEPA end date: a new beginning?On June 8 the commission announced a new consultation a ‘a possible end date for SEPA migration’ ( ) in order to force the market to start using SEPA payment products (credit transfer and direct debit). Indeed, SEPA volumes aren’t coming by themselves. Administrations, consumers and businesses are still puzzled about what to do with [...] > Read more... Tags: innovation, PSD, SEPA
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