22 October 2014

B2B Payments

Andrew OwensSunGard AvantGard - London

Does ISO2022 mean the death of the Payment Factory?

14 October 2014  |  1187 views  |  1  |  Recommends 0

The adoption of the ISO20022 standard as the format of choice for corporate payments has really gathered momentum. Kick-started perhaps by SEPA, it is now rapidly being used by the bigger banks for every payment in every country. Payment factories to a large extent were born out of the formats nightmare faced by large corporates. Payment solut...

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Andrew OwensSunGard AvantGard - London

Reinforcing Your Payments Department Fortifications

28 July 2014  |  948 views  |  0  |  Recommends 0

SunGard recently conducted a study on payment and bank connectivity practices around the globe. The study found that fraud is a top driver for payments centralisation projects. Rather worryingly, we also found that many organisations have still not put the necessary processes in place protect themselves from this burden and may still have some ke...

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More blog posts
Andrew OwensSunGard AvantGard - London

What Bitcoin means for corporate payments

14 April 2014  |  1159 views  |  0  |  Recommends 0

There’s barely a day goes by without a story on bitcoin somewhere on the news. Much misunderstood and very much hyped, could this digital currency ever play a role in corporate payments and cash mana...

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Andrew OwensSunGard AvantGard - London

POBO - time to leverage the SEPA investment

02 April 2014  |  1005 views  |  1  |  Recommends 1

Now that SEPA is in place, corporates will be able to leverage that investment to start making payments across the entire eurozone using a single instrument from as little as one bank / account. The i...

TagsPaymentsGroupPayments strategies 2015-2020-2030
Andrew OwensSunGard AvantGard - London

POBO: Less fun than a YOYO, more relevant for Multinationals

19 March 2014  |  3387 views  |  0  |  Recommends 0

I’m hearing more and more conversations mentioning Payments On Behalf Of (POBO) and there seems to be no coincidence that post-SEPA, this concept is coming to the fore. In my last blog, I discussed h...

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Andrew OwensSunGard AvantGard - London

Does the new SEPA deadline really change anything?

10 January 2014  |  1692 views  |  1  |  Recommends 0

You may have seen the big news today that the European Commission has announced a proposed extension to the SEPA migration deadline of six months, from 1st February to 1st August. Their view is that ...

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Andrew OwensSunGard AvantGard - London

Getting internal buy-in for a Payment Factory project

28 August 2013  |  2040 views  |  0  |  Recommends 0

I recommend that you start by looking at the overall vision of what you are trying to achieve. You will want to ensure that this vision ties in with at least one of the broader visions of the company...

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Andrew OwensSunGard AvantGard - London

The move to real time payments

15 July 2013  |  2178 views  |  0  |  Recommends 0

One of the trends in the payments world today is the move to ‘real time’ payments. A good example of this move is the Faster Payments Service in the United Kingdom. The Faster Payments Service, launc...

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Andrew OwensSunGard AvantGard - London

Payment Factories and Cash Visibility-Part 2

01 July 2013  |  1369 views  |  0  |  Recommends 0

In my last blog, I examined how a Payment Factory can help improve global cash visibility across an organisation. Now I would like to examine that in a little more detail. I discussed how banks conne...

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Andrew OwensSunGard AvantGard - London

Payment Factories and Global Cash Visibility-Part One

19 June 2013  |  1837 views  |  0  |  Recommends 0

I have discussed how Payment Factories can help improve efficiency by centralising payments. I’d like to examine in more detail how a Payment Factory can improve cash visibility across an organisation...

TagsPaymentsGroupPayments strategies 2015-2020-2030
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