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B2B Payments

Andrew Owens - SunGard AvantGard - London | 13/05/2013 | 1194 views

What lies in store for corporate payments over the next ten years? The biggest evolution in the next ten years, and one that has already begun, is the move to XML. “Really, is moving to use XML such a big deal?” you might ask. Well, it is much more than just changing the syntax of what gets sent to / from the bank. I think ten year... Tags: PaymentsGroup: Payments strategies 2015-2020-2030

Andrew Owens - SunGard AvantGard - London | 29/04/2013 | 1126 views

Corporate Payments: The Last Ten Years

Probably the most significant step forward was the opening up of the SWIFT network to corporates – in 2006 SWIFT finally opened its doors properly and gave corporates the ability to connect to all of their banks using the SWIFT network. There were corporates connected to SWIFT before then, but only the very largest corporates could afford the... Tags: Payments

Andrew Owens - SunGard AvantGard - London | 22/04/2013 | 920 views

CGI and the Path to Coopetition

For years, dealing with different domestic and international payment and account statement formats was a primary challenge within the domain of corporate payments. In this format-centric era, the concept of the Payment Factory/Payment Hub was created and many large corporates embarked on implementations that centralised the payments initiation proc... Tags: PaymentsGroup: SWIFT Matters

Andrew Owens - SunGard AvantGard - London | 15/04/2013 | 1027 views

3SKey-Securing the Payment Chain

What is 3SKey? 3SKey is a SWIFT solution that provides a single token solution for corporates to "sign" payments sent to their banks. A “token solution” usually refers to something like a USB token that customers with bank specific e-banking applications would use to "sign" or approve payments for release to the bank. This act of sign... Tags: Payments

Andrew Owens - SunGard AvantGard - London | 08/04/2013 | 840 views

The Opportunity for Customer Relationship Management

While the requirements for SEPA Credit Transfer (SCT) migration are relatively well-understood and straightforward, migration to SEPA Direct Debits (SDD) is a more challenging undertaking. The SDD schemes (core and B2B) were launched nearly 3 years after SCT in November 2010, and adoption was further delayed by ongoing uncertainty about the ability... Tags: Payments