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Location
Budapest
Member since
2011
Writes about
Payments Retail banking

Vilmos Levente's blog archive

2011 (8)
Vilmos Levente Kovacs

Vilmos Levente Kovacs

Managing Director at Simplexion Informatikai Kft.
Message Message me Posts: 8 Comments: 1
Bio I'm the owner of Simplexion, the Hungarian SWIFT Ready service provider. At Hungary same day clearing for domestic payment is under implementation. To become a well known specialist about payment messages I have started blogging. I'd like to extend my relationship with Finextra to the European marke Career History I started my carrier as a project manager. Later become an ISACA certified IT Auditor. At that time I constantly searched the issue in which I can found a company. At 2006 I joined to Simplexion to concentrate to payment messages. We started SWIFT messages continued card messages and now picking up

Blogs

Electronic Bank Account Management

Why all bank closed at weekend?

24 Aug 2011

Since Saturday became non working day bank have been the only closed service on weekend. Although in that accelerated world retail purchasing is shifted to weekend. Paying cashless seller only can reach the money in the next working day at best case. This statement also through to payment card transactions too because in case of card usage, only a...

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Breaking news: branch will not be on Sziget festival!

30 Jul 2011

Having no reason for the bank of Sziget to establish a branch office to the festival, because the organizers let only to pay with those contactless payment card which given next to the entrance band. This also means that cash nowhere will be accepted in the territory of the festival. As I know the implemented system graduated well in Volt festival...

Payments strategies 2015-2020-2030

Identification problem in SDD scheme?

29 Jul 2011

By the SEPA Direct Debit (SDD) scheme, which is currently under implementation is Single Euro Payment Area (SEPA) client authorize the service provider to collect. Under this mandate the service provider authorize its bank to collect the cost of service usage. SDD also allows up to single point of collection. The aim by the regulator to implement ...

Payments strategies 2015-2020-2030

There is any effect on Target2-securitiest by Euro crisis?

05 Jul 2011

Speculations are recrudescing over and over about the existence of European Monetary Union connection of deepening of Greek crisis. But the integration of financial systems are not seems to be stopped indicates the strength of Monetary Union. The project manager of Target2-Securities that implement interoperability to European securities market ho...

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Vilmos Levente is Commenting on

Will be bank account portability in Hungary?

  Dear Christina, Thank you for your comment. International and SEPA transfer the BIC code has to be specified. Therefore the transaction can arrive to the designated financial institute. But you have right, the best issue about account portability is that the bank change no need any closure of account. That's why authority regulation is needable, because the leaved financial institute have to redirect the transaction to the account manager institute. Best regards, Vilmos Kovacs

27 Jun 2011 Reply Read article