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JPMorgan, Nordea, Pohjola and UBS were among participants in a roundtable discussion on payments convergence held at EBAday2008 in Helsinki, Finland in June.
The timetable for the introduction of the Single Euro Payments Area (Sepa) may already be slipping, but there are practical steps that could be taken to ensure the project remains on track suggests Jonathan Williams, principle market strategist at Eiger Systems.
ScottishPower gains business benefits from UK ACH upgrade Bacstel-IP with EigerPAY Gateway
Bank data validation technology from Eiger Systems has helped Carphone Warehouse transform the customer experience for new account openings and spurred rapid growth across Europe.
By the end of 2005 every organisation that submits payment files to Bacs should have upgraded their submission software to comply with Bacstel-IP, the new Internet-based delivery channel for connecting to Bacs. In reviewing the migration campaign, Matthew Croxford of Eiger Systems argues that it is not just companies that have missed the deadline that will continue to think about their Bacstel-IP strategy in the coming months.
When UK telco BT decided to upgrade its Web site to enable customers to set up direct debit payments online, it had to overcome potentially troubling issues related to volume management, validation data updates and platform compatibility.
Eiger Systems explores the diverging requirements for STP in payments processing.
Nationwide Building Society has taken the pain out of online form-filling and bill payments by implementing Eiger System's Biller Wizard software.
The changing payments landscape in Europe: An Eiger Systems whitepaper.