You are viewing all posts by, Luc Belpaire

product director, SunGard’s corporate liquidity business

20
Oct
2011

Who wins with SEPA?

Contributor:

Much has been said about SEPA (Single European Payments Area), the initiative to harmonizse Euro denominated payments in Europe. So far, SEPA has not been the success that some expected it to be. With SEPA credit transfers now at 20.5% of all credit transfers and SEPA direct debits at a mere .13% of all direct debits (source: European Central Bank, June 2011), there is still a long way to go. Compare this to the initial planning of the European Payments Council which was to have everything migrated by the end of 2010.... read more

product director, SunGard’s corporate liquidity business

31
Mar
2011

How can corporations ensure a smooth transition to SEPA?

Contributor:

With Single Euro Payments Area (SEPA) now moving closer to becoming mandatory across Europe, there are some points that corporates should be aware of as they work to achieve a successful transition. Firstly, corporations should view SEPA as a business opportunity rather than a requirement that is being imposed. More specifically, they should seize the opportunity to take a second look at their payment business process and determine if they can make it more efficient by standardizing on SEPA instruments across the region. ... read more

product director, SunGard’s corporate liquidity business

28
Feb
2011

What is SWIFT 3SKey and what are the advantages for corporations?

Contributor:

3SKey is a service offered by SWIFT to banks and their corporate customers. The service provides banks with a mechanism to authenticate files coming from their corporate customers via electronic banking channels. It also enables banks to validate that the sent files are signed by the authorized individual(s).... read more

product director, SunGard’s corporate liquidity business

29
Apr
2010

Advances in payments processing

Contributor:

The globalization of the economy has had an immense impact on the way large corporations are managing their cash and liquidity. Many corporations have reacted by taking steps to standardize and harmonize their finance processes across entities and regions through such measures as establishing regional shared service centers and implementing centralized back-office systems.... read more