Using SEPA rules as a driver, banks can create an electronic financial supply chain that is faster and more cost effective for customers. Beyond compliance this is an opportunity to revolutionize the financial supply chain and create a “win win.”

The financial supply chain is increasingly recognized as an area offering significant potential for generating bottom-line improvements and creating competitive advantage.

This article addresses the global remittance market and the critical issues banks must address if they want to become serious players.

With banks searching everywhere for savings and new tools available to improve straight through processing, the time is now to confront the outsized costs of manual payment handling.

Banks must focus and understand their client’s strategic agenda and provide product solutions that address four key issues facing corporate treasury today: improved efficiency, heightened attention to controls, liquidity management, and global scope.

Learn how to establish a self-service payments capability across all channels with STP@Source™.

Service-Oriented Architecture, or SOA, offers the ability for enterprise users to build new business processes in a non-technical way.

SEPA has implications far beyond the payments arena. SEPA is creating new rules and business models that will reshape the market and force all participants to re-establish their market position.

With automated tools now available, banks can help their customers tap into an estimated half trillion dollars lying dormant at any given time within the many connective financial systems of global trade.