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Content tagged 'SEPA'

November 6, 2013

Last month, Ataway hosted a free webinar: "Maximizing Your PeopleSoft 9.2 Upgrade." We'd like to thank everyone who attended and participated in that event. Above, you'll see we've posted a video with some of the highlights from that Webinar.

We invite you to participate in our next webinar: "Accelerate Your International Rollout." The FREE webinar will be held this Thursday, November 21st at 12 PM EST (9 AM PST). Register today to secure your spot! 

Visit our Resources & Events page for a complete schedule of upcoming webinars.

October 15, 2013

Ataway is excited to announce the second event in our webinar series! We invite you to join us Thursday, October 24th @ 12 PM EST (9 AM PST) for our FREE webinar "Improve Liquidity: SEPA & PeopleSoft Cash."

Are you a CFO, Financial Business Analyst, PeopleSoft User or Business Manager preparing for a PeopleSoft 9.2 Treasury Upgrade? Then this is the perfect event for you! During this Webinar, you'll learn how to maximize your investment portfolio, achieve a high return on investment and support international regulations like SEPA. You'll also receive some tips and tricks from an expert on how to best prepare for a 9.2 Treasury upgrade. We'll teach you some strategies on to achieve a faster ROI during your upgrade. You'll learn how to:

  • • Maximize your investment portfolio
  • • Achieve a high return on investment
  • • Prepare for a 9.2 Treasury upgrade

Registration is limited, but there are still open spots!

More details and a link to the registration form can be found here

October 1, 2013

Earlier this month, Ataway hosted a free webinar: "Maximizing Your PeopleSoft 9.2 Upgrade." We'd like to thank everyone who attended and participated in that event. We've posted a video with some of the highlights of that Webinar, which you can watch above.

Be sure to also check out the following post from our blog: "PeopleSoft 9.2: Where to Start?" In this post, we've provided you with a number of resources presented during the September 12th webinar.

We invite you to participate in our next webinar: Improve Liquidity: SEPA & PeopleSoft Cash. During this event, you will learn all about SEPA and PeopleSoft Treasury. The FREE webinar will be held this Thursday, October 3rd at 12 PM EST (9 AM PST). Register today to secure your spot! 

Visit our Resources & Events page for a complete schedule of upcoming webinars.

September 20, 2013
By Frederic Portal, Ataway Director of Strategy and Alliance

More than a decade ago, the European Union launched an initiative to simplify bank transfers in euros.

The project's aim is to improve the efficiency of cross-border payments and turn the fragmented national markets for euro payments into a single domestic one. The Single Euro Payments Area (SEPA) will enable organizations to make euro payments to anyone located anywhere in the SEPA area, using a single bank account and a single set of payment instruments.

The SEPA project focuses on three payment instruments: credit transfers, direct debits and payment cards. The European Payments Council (EPC) has developed payment schemes for credit transfers and direct debits. These schemes are defined in rulebooks that cover the rules, practices and standards applicable to SEPA payment instruments.

SEPA includes common financial instruments, standards, procedures, and infrastructure to enable economies of scale. This should, in turn, reduce the overall cost to the European economy of moving capital around the region (estimated as two to three percent of total GDP).

SEPA is entering its final migration phase for two SEPA payment instruments:

  • • By February 1, 2014, all retail CT and DD in the euro area need to fulfill SEPA requirements. (Regulation 260/2012)
  • • Niche products with specific characteristics transition phase until February 1, 2016.
  • • For EU member states with currencies other than the euro, the respective end-date is October 31, 2016 for all credit transfers and direct debits in euro.

Within less than six months, organizations must have systems in place to participate in the unified European payments market. But many organizations still aren’t ready for the changes. How can your organization get prepared?

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