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Whitepaper: How to succeed with Go-live management
In large-scale migrations and transformation projects, even short disruptions can lead to financial loss, reputational damage, and regulatory consequences for banks. Therefore, the Go-live moment – when the new system replaces the old one – represents a business-critical event. Download our whitepaper to gain practical guidance on planning and executing a controlled go-live for largescale migration and transformation programs.
A Deep-dive Into EU’s New Instant Payments Regulation and Confirmation of Payee
Big changes are coming to Europe’s banking and payment service industry. The Instant Payments Regulation, proposed by the European Commission, will ensure around-the-clock and direct transactions in the eurozone. Countries outside the zone also must implement the new regulatory framework. On the one hand, it is a welcomed proposition, as it strengthens the European market and trading amongst its countries, businesses, and citizens. On the other hand, how can instant payments also become more secure when APP fraud is at a record high? And is it even possible to make such fundamental changes to the digital infrastructure and banks' processes in such a short time?
Confirmation of Payee: Unlocking the Future of Secure Payments
This article aims to elucidate the concept of Confirmation of Payee (CoP) and its significance in ensuring secure financial transactions. It delves into the evolving landscape of CoP processes and highlights the necessary measures that financial institutions should adopt to stay ahead in safeguarding their payment offering.