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“You have 25 different systems in Europe at least and they don’t speak to each other, which is completely nuts” |
THE PLANNED landscape for corporate treasurers in Europe, certainly for the bigger international players, looks good on paper. The introduction of the Payment Services Directive, due later this year, is a step towards the establishment of the Single European Payments Area. The proponents stress the potential benefits for corporations in such areas as electronic invoicing across borders.
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