Latest SEPA Articles
Transaction banking has become the defining criteria for relationship banking. This article examines what corporates’ most important requirements are and how banks are responding to these needs.
As weak growth in the country’s economy dampens domestic demand for Italy’s corporates, many are looking abroad for growth. Here, the adoption of new, digitalised payments processes can make a critical difference in opening up new capital for investment and streamlining expansion.
The harmonisation of payments offers great potential for achieving more efficiency, better data security and significant cost reductions. This was the reason not only for the recent introduction of standardised single euro payments area (SEPA) payment formats across Europe, but also provided the rationale for Switzerland to harmonise its many different national payment formats.
The international payments space is dynamic, with new developments in global liquidity management. With different countries and jurisdictions moving at differing paces, treasurers need to be alert to regional differences.