Our Partner Alain Falys will be flying over to Copenhagen to speak at EuroFinance's flagship conference - a leading global treasury event with unrivaled levels of expertise and networking for the global treasury community.
Alain will be speaking at the International Cash & Treasury Management conference, disclosing current and future trends in international treasury and discussing the topic "Are you up to speed on global payments changes?".
All companies that operate internationally are dependent on local payment clearing systems to some extent, even if it is only for local payroll or collections. So treasurers need to keep up with changes to country-specific payment practices, formats, regulations, and processes. The UK has introduced ‘Faster Payments’, a real-time, low-value payment-clearing system to enable beneficiaries to receive funds in near real time. In 2014 Singapore rolled out Fast and Secure Transfers – FAST. Australia’s New Payments Platform is on the way – though the central bank governor has recently had to keep the local banks in line with threats of regulation. So what is the latest news in local payment system reform? What are the key regulatory changes? And what do you need to do about them?