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Sibos was once again a hectic, frenetic week of meetings and eye-opening conversations. Fundtech was fortunate to announce BofA as its first customer for its new SOA payments platform. The explanation...
It’s clear that corporations expect more than ever before from their banking service providers. They are demanding the same level of insight for payments as they receive for other areas of their busin...
If you can lower the treshold to e-invoicing - as suggested below (emphasis mine) - you can automate accounting, public sector reporting, further the single market and much more. Then EU and member st...
Technology is not the narrow sector - it is amply on offer - and the costs are going from low to lower. Technology enables "anything" and in most cases the utility is evident. The adoption g...
When thinking about doing things differently in the transaction and identity space its hard to go past the health care industry. There are an awful lot of health care transactions and with the right s...
Banks should move up the order-to-payment value chain from payments and down the payment-to-accounting value chain - before invaders move down or up into the payment business. The reasons are fundamen...
‘Familiarity breeds contempt’ is a line from Hollywood Beyond’s hit single, ‘What’s the colour of money?’. The same phrase could arguably be used to describe bankers’ relationship with money in the ru...
EUROPEAN COMMISSION - High Level Group of Independent Stakeholders on Administrative Burdens exerpts from OPINION OF THE HIGH LEVEL GROUP "The VAT Directive explicitly allows the use of electroni...
As we heard from Stig Korsgaard at SIBOS there a rather unique happy confluence has been arrived at as: 1. The EC Expert Group on e-Invoicing turned to UNCEFACT to get a global e-invoicing standard t...
The introduction of regulations such as the Single Euro Payments Area (SEPA), continuing recessionary pressures and increased competition across the payments landscape are forcing banks to re-evaluate...
So it's official: Andrew Long from HSBC stated today in one of the "Big Debates" that customers need SEPA to be relevant to them to create demand and then migration. He suggested that SEPA w...
SWIFT’s new standards changes go live on 21st November 2009. Talking about this yesterday, I started thinking about the three key areas that SunGard think are critical for 2010 – Transparency, Efficie...