Global Payments & Transfers Insights


The SEPA extension - What it means in practical terms

14th February 2014

Company: Accuity
It all started on 9 January 2014 when the European Commission (EC) recommended that the single euro payments area (SEPA) end date be extended beyond the original 1 February 2014 migration deadline; a date that had resisted being extended since it was defined back in February 2012, says Sarkis Akmakjian, director of payments market management at... read more

Businesses should not delay SEPA migration regardless of the extension

7th February 2014

Company: bobsguide
The European Commission (EC) announcement outlining an additional transition period during which payments that differ from the single euro payments area (SEPA) formats can still be accepted - effectively delaying the 1 February 2014 end-date by six months - came as a surprise to many in the treasury industry, says Nick Diamond, head of cash... read more

Don’t delay SEPA: Prioritise compliance and seize the benefits

5th February 2014

The European Commission (EC) six month delay to the single euro payments area (SEPA) migration deadline (recently accepted by the European Parliament) has provoked varying reactions, says Marcus Hughes, director of business development at Bottomline Technologies. He has observed relief among some corporates, especially those worried about... read more

Big data: A definition and what it means for FS

4th February 2014

Company: bobsguide
Big data is here to stay, although it means various things to different people, depending upon who you ask, says bobsguide blogger (aka contributing editor) Andrew Witney, Barclays’ CIO in this second instalment of his blog. In its simplest form ‘big data’ means the mass of metadata, structured and  unstructured... read more

SEPA: Corporate uptake and implications of the delay

3rd February 2014

Company: Celent
The joy of writing a topical blog is that things rarely stay static, says Gareth Lodge, a senior analyst with the Celent consultancy, in this corporate treasury focused single euro payments area (SEPA) blog, examining the issues aroused by the recent six month delay announced by the European Commission (EC). Will all European countries,... read more

Uptake figures and assessing the UK Current Account Switch Service

31st January 2014

Company: bobsguide
According to Adrian Kamellard, chief executive of the UK Payments Council, there were 306,240 retail bank account switches, representing a 17% increase, from October to December last year, following the launch of the UK Current Account Switch Service. In this blog assessing its impact, Kamellard looks at the history of the project, its purpose to... read more

Top five FS predictions: Certeco sees reshoring & renewed customer focus via mobile ‘big data’ connected devices

7th January 2014

Company: Certeco
The year ahead will see a renewed focus on the customer by retail banks in the UK, US and elsewhere in the world, predicts Graham Smith, director of the Certeco consultancy. His top five picks of the key technology trends for 2014 resulting from this customer-centric approach, including investment in mobile channels, big data analytical tools... read more

Welcome back: 2014 predictions and preview

2nd January 2014

Company: bobsguide
As a new year starts and 2014 stands before us it is natural to wonder what lies ahead over the next 12 months. Playing the predictions game is of course dangerous but there are some big events coming up soon, such as the migration end date of 1 Feb 2014 for the single euro payments area (SEPA), if it goes ahead, which are bound to impact the... read more

The tech year in review and numbers

18th December 2013

Company: bobsguide
As 2013 draws to a close, minds naturally turn towards the most significant technology and finance events of the year and the standout stories and numbers of the year, such as the prevalence of cyber-security attacks and countermeasures, discussions about if big data is a big deal and if the cloud is going to rain on your parade as an internal... read more

Interview: NCR discusses Alaric and Digital Insight acquisitions

9th December 2013

Company: bobsguide
The development of mobile and internet banking and payments is continuing apace as tablets and smartphones drive more and more customers into the ether. It is a process that will no doubt be aided by Santa’s presents this year and is causing a revolution in cash and payment infrastructures, end points and methodologies. Perhaps in readiness... read more