The Top 10 Payments News Stories in February, 2015 1

Payments news stories remained firmly in the spotlight in February. There were various payments news reports highlighting record investments in the fintech sector, coupled with continued developments with contactless payments. The European stage is clearly being primed for Apple Pay, and hot on the heels of this is the Samsung offering, LoopPay. Interestingly there were ...

The Future of Payments – 4 European Payment Trends Worth Knowing…

The recent EPC Newsletter post on The Future of Payments highlights some interesting payment trends that key industry influencers believe will emerge over the course of 2015 and beyond. In the newsletter Javier Santamaria, the head of the EPC, summarises the payments related topics from the European Commission’s ‘Conference on emerging challenges in retail finance ...

The Top 10 Payments News Stories In January, 2015

I was looking back at last weeks payments news stories, and thought wow – there were some interesting happenings. I realised that we were at the end of the month, and tracked back at the key payments related news items for January 2015. Now because this is a SEPA, i.e. a European Payments related, website I ...

The SALA in SEPA Salary Payments 3

SEPA salary payments have received significant attention, particularly in Ireland where the SEPA/Target holidays resulted in amongst other payment/direct debit delays, many late payroll payments. When it comes to payments there is nothing more important than payroll. Every company needs to ensure that their payroll process is happening efficiently, securely and on time. Getting your payroll ...

3 SEPA Payments Security Initiatives Happening in 2015 4

Maybe I had a few too many beers the night before but I found the recent EPC blog post, European Union Regulatory Initiatives Impacting the Security of Euro Payments: the 2015 Outlook, a bit confusing! In a nutshell the post highlights some of the key security initiatives that are hitting Europe in 2015. Now payments security is ...

Why SEPA Batch Booking Is Important 10

In the last few weeks I have come to realise the importance of the SEPA Batch Booking tag, <BtchBookg>. The tag is one I was familiar with, but didn’t realise the significance of. During a SEPA payments go live we started seeing a debit for every single payment in the bank statement. Oh nuts! The requirement was ...

5 SEPA Scams to be Aware Of 3

For many banks, corporates and SME’s (Small, Medium sized Enterprises) their main SEPA focus right now is to ensure compliance. Of course security, validation and verification is of utmost importance, but in the rush and haste of SEPA compliance, one may drop their guard and it is exactly at this moment that the SEPA scammers may seize their ...

SEPA Payroll – Deadline: October 2013…

Sorry for the shock headline, but with reference to salary payments consider this – alot of companies pay their employee salaries at the end of the month. In terms of timelines payroll is a key process that happens once a month, at the end of the month, and cannot go wrong. You have the potential ...

SEPA Credit Transfer – A Quick Overview 14

There is alot of blurb out there about SEPA Payments, SEPA Credit Transfers – SCT. You can spend hours reading that, here i want to cut to the chase and give you a quick overview of some of the information i have found most useful. SEPA Credit Transfers: My first port of call for relevant ...