After the crash, here comes CASH
Credit crunch sparks flight to quality in liquidity management
Citi: focused on service delivery
SEB: nimble for success
Cash management poll: Results
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"We believe that Sepa is a significant opportunity for the bank to increase its share of a client’s wallet and ultimately to win new clients"
Shahrokh Moinian, Deutsche Bank |
In addition, there has long been a perception among companies that Sepa is principally a concern for banks or, at best, simply a compliance issue.
Meanwhile, banks, although eager to be seen to be leading Sepa initiatives, have been reticent about what the payments system will mean for their product offerings. Now Sepa – or at least parts of it – is about to become a reality, with the credit transfer scheme launching on January 28, 2008 and the direct debit scheme a year later. With this in mind, banks have...
