June 2008

Albany hits new high as Reading seminar yields finest feedback of 2008

Our fifth Faster Payments and SEPA seminar held at the Microsoft Campus in Reading on Thursday 12 June was a huge success, with 90% of delegates rating the overall event either excellent or very good.

The Microsoft Campus was, as expected, an innovative and inspiring venue with plenty of activity and life. All delegates were impressed with the standard of catering and the venue room was perfectly set up with plenty of room to move. Although car parking was a bit of an issue for a couple of late-comers, the location had excellent accessibility and all the Microsoft event staff were extremely friendly and happy to help.

Faster Payments and SEPA expert Bob Larkham represented Albany sharing his wealth of understanding and knowledge on the subject. Mike Hutchinson got the seminar in full swing by presenting a full overview of the UK Faster Payments Service, including a detailed comparison of Faster Payments against the current Bacs service. Bob Larkham continued the presentation by outlining the key objectives and features of the Faster Payments initiative. Penny Knipe of Cream Design added "The seminar was very informative, thank you."

Larkham, who is an industry-known expert on SEPA (Single Euro Payments Area) outlined how companies should prepare for the SEPA initiative, especially in terms of account validation and the new legislation regarding the validation of BIC and IBAN data. One anonymous delegate commented that "Bob was excellent and all were very informative." Harcus Copper, from Barclays Bank continued to discuss the technical requirements of SEPA, the ease of implementation, the expected associated costs and the key release dates.

Paul Smith, Field Sales Consultant at Albany Software, then took to the floor to present delegates with the initial concept screen shots of our ALBANY ePAY product, which will be incorporating the new Faster Payments & SEPA services. He also provided delegates with a live demonstration of our ALBANYverify product, which proved to be useful and informative to many in attendance.

The feedback from all of the attending delegates was extremely impressive, with 90% of the delegates rating the day as either excellent or very good and over 100% rating the seminar room at Microsoft as either excellent or very good. "Overall an excellent presentation" said Michael Huntley of Infotec UK Ltd

One of the essentials in preparation for Faster Payments and SEPA, is to have your verification strategy in place now, for more information on how Albany can help your company with this click here.

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