June 2007

Faster Payments and SEPA seminar - A great success

Our Faster Payments and SEPA seminar on Wednesday 13th June at Microsoft, Reading was a huge success. At full capacity, over 80% of delegates rated the event either excellent or good.

Faster Payments and SEPA experts Georgia Leybourne and Bob Larkham represented Albany sharing their wealth of understanding and knowledge on the subject. Georgia Leybourne outlined the key objectives and features of the Faster Payments initiative, whilst Mike Hutchinson from Bacs explained the technical requirements, and how Faster Payments will work along side the current Bacs payment scheme.

Bob Larkham, an industry-known expert on SEPA (Single European Payments Area) outlined how companies should prepare for the SEPA initative, especially in terms of account validation and the new legislation regarding the validation of BIC and IBAN data. The presentation from Voca continued to discuss the technical requirements of SEPA, the ease of implementation, the expected associated costs and the key release dates.

The feedback from all of the attending delegates was extremely positive, the presentations were very popular and the over 80% of the delegates rated the day as either excellent or good.

Albany is dedicated to providing you with the most up to date and relevant information, if you would like to attend our next free Faster Payments and SEPA seminar, simply click here.

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