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Payments supplement: SEPA feature – Making the jigsaw work
With the announcement that French banks are delaying the implementation of the Direct Debit scheme in the Single Euro Payments Area by a year, and continued uncertainty and national disagreements about the Payment Services Directive (PSD), which is supposed to provide the legal framework for SEPA, the grand European harmonisation project is hardly running like clockwork. Dave Adams investigates the troubles, how the jigsaw can be made to fit, and looks ahead to a time when European-wide payments provide far-sighted banks with economies-of-scale savings and more business |
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Payments supplement: UKFPS feature – Getting impatient
The UK Faster Payments Service (UKFPS) was introduced last May to great fanfare but some people are still unable to access it on a regular basis. Vivienne Rosch looks at when full rollout can be expected and how some more far-sighted banks are hoping it will provide new opportunities |
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Payments supplement: Financial supply chain feature – Destroying paper
Has the recession helped or hindered progress towards the fully electronic financial supply chain and the end of paper-based transactions? It depends on who you ask, reports Graham Buck
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