Source: Finextra Research
European bankers are pessimistic about their ability to meet the initial January 2008 deadline for first stage implementation of the Single Euro Payments Area (Sepa), according to research conducted by Finextra. Furthermore, the vast majority of banks do not expect their corporate customers to be fully Sepa-compliant until after 2010.
The research, sponsored by transactions-based vendor VocaLink, was conducted during August and September with over 100 European and global banks.
Find out how banks’ views about phasing out legacy schemes differ from the European Payments Council (EPC), and discover their major priorities for dealing with corporate migration, direct debit mandates and reachability.
Download the full report here:Practicalities of building a SEPA payments business