Archives

Expert view: the ACI blog

Paul Styles

Paul Styles

Product Marketing Manager

Posted on: Wednesday, February 16, 2011

Per Ardua Ad SEPA

SEPA is due to become a full-blown regulatory event once the end-dates are set by legislation. The first reaction to any regulatory change is generally that of ‘response’ – dealing with any required change. And that is often the minimum to achieve compliance.

Contact us

Louis Blatt

Chief Product Officer

Posted on: Friday, November 19, 2010

Asia Pac moves towards greater economic integration

The APEC (Asia-Pacific Economic Co-operation) 2009 summit upped its efforts last week to strengthen economic integration in the region.

Contact us
Paul Styles

Paul Styles

Product Marketing Manager

Posted on: Wednesday, October 27, 2010

What Will it Take to get to SEPA

The challenges of regulation for SEPA were made clear in the "SEPA 2010" session at Sibos today when the European Commission declared that "moving from self-regulation to regulation is not a small step but a major challenge”. In a sense, that sentiment comes as no surprise at all, given how far we've already travelled down the road to SEPA.

Contact us
Paul Styles

Paul Styles

Product Marketing Manager

Posted on: Tuesday, October 26, 2010

Can Africa Learn Lessons from SEPA

It's very interesting to see that Southern Africa plans a SEPA-style payments harmonisation and that they consider that learning from the experience in Europe could be very useful. Something that immediately springs to mind is to treat self-regulation with caution. In Europe, we are now actively seeking regulatory intervention to set an end date for the withdrawal of the legacy payment instruments as the SEPA initiative feels as though it is stalled without that. Self-regulation simply did not deliver.

Contact us
Tony Smith

Tony Smith

Strategic Consultant

Posted on: Monday, October 25, 2010

Who has accountability for Liquidity Management?

Very few banks have mastered the art of accountability when it comes to liquidity management. Corporate treasury and finance generally are responsible for the function in most institutions, depending on the purpose for which liquidity is being managed, but often neither has it firmly in its domain.

Contact us

Cleber Martins

Business solutions analyst for Risk Management Solutions at ACI Worldwide

Posted on: Friday, October 22, 2010

Wire Transfer Fraud who is Responsible

I recently wrote about the risks that banks face with respect to the alarming scale and sophistication of today's wire transfers. Related to this is the issue of acccountability and responsibility.

Contact us

Cleber Martins

Business solutions analyst for Risk Management Solutions at ACI Worldwide

Posted on: Tuesday, September 28, 2010

Understanding Today's Wire Transfer Risks

While the rise of wire transfer and ACH (automated clearing houses) fraud is not news, the pure acceleration rate, scale and sophistication of corporate wire and ACH fraud is alarming. For example, the FBI recently took the step of issuing a cyber security advisory in response to the growth of unauthorized and fraudulent multi-million dollar wire transfers from business and government entities to overseas locations.

Contact us
Paul Styles

Paul Styles

Product Marketing Manager

Posted on: Wednesday, September 15, 2010

SEPA Widdershins

The European Payments Council (EPC) recently achieved its 8th birthday. Back in 2002, the road to SEPA probably looked fairly straightforward – the EPC would develop the payment schemes and frameworks necessary to realise SEPA, and market forces would ensure a smooth transition from the fragmented payments landscape of the time in Europe to the calm waters of a single payments area. The European banking industry would deliver the basis on which SEPA would be built, the rest would fall into place as a matter of course, and the end-user would be Very Happy.

Contact us
Paul Styles

Paul Styles

Product Marketing Manager

Posted on: Wednesday, September 8, 2010

Sibos Calling

It’s that time of year again. The banking industry is preparing for its yearly outing to Sibos, which brings together the financial industry for an entire week to meet, discuss the top issues of the day and generate new opportunities. This year’s event is being held in Amsterdam and coincides with our 35th anniversary as a company.

Contact us
Paul Styles

Paul Styles

Product Marketing Manager

Posted on: Tuesday, August 10, 2010

Financial Transactions Tax Sparks Debate

As we have seen in the media this week, EU proposals for a tax on financial transactions have created a storm of debate in the last 24 hours – mainly focusing on political issues. While the full details of the proposed tax are still unclear, it is obvious that a tax on financial transactions – or payments between banks – would be detrimental for a number of reasons.

Contact us