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NACHA – The Electronic Payments Association’s Council for Electronic Billing and Payment (CEBP) issued final guidelines for the use of Quick Response (QR) codes in consumer bill payment.  The guidelines, developed in collaboration with CEBP members and refined through industry input, describe the use of QR codes in a variety of bill payment functions such [...]

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The sheer scale of the challenge banks face in the coming years became clear at the inaugural Ovum Banking Technology Forum held on 5th December. Banks are to be forced into transparency with new super-invasive regulations that will change and develop for the foreseeable future, according to PJ Di Giammarino, CEO of independent regulatory analysts JWG, [...]

The post Banks to face ‘regulatory onslaught’ over next five years appeared first on Payments Cards & Mobile.

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One in five European businesses (21%) issuing debits is unaware of Single Euro Payments Area (SEPA) direct debits, finds a study from Steria, a leading provider of IT-enabled business services, prepared in collaboration with international strategy consulting firm Edgar, Dunn & Company (EDC). The report, based on an extensive survey of 300 businesses with 250 [...]

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Steria, a provider of IT-enabled business services, and Experian, have announced today a partnership to deliver managed solutions in the SEPA compliant payments arena. The combined offering will offer corporate customers an end-to-end service that will take the pain out of managing SEPA, making the process more efficient and cost-effective. The partnership will bring total [...]

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In September 2012, the Belgian Steering Committee on the Future Means of Payment (the Steering Committee) published the fourth progress report towards SEPA in Belgium. Chaired by the National Bank of Belgium (NBB), the Steering Committee brings together all stakeholders impacted by the SEPA process: public administrations and government agencies, businesses, consumer associations and banks. [...]

The post Belgium: A SEPA Success Story appeared first on Payments Cards & Mobile.

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