
The banking and financial services industry in Europe has undergone dramatic changes due to economic integration, growing competition and advances in technology. In this landscape, Infosys' experts believe that companies must adopt Single Euro Payments Area (SEPA) to enable better integration across the entire value chain.
In an article published in eStrategies, Infosys' experts discuss how SEPA enables banks to comply with regulation and capitalize on business opportunities in the Flat World. According to them, banks should adopt payment processors to handle customer invoices electronically, move money and invest surplus to yield better treasury income for better customer retention and loyalty.
Infosys' SEPA solution is based on a three-dimensional model - Comply, Transform and Differentiate. The solution empowers banks and financial services companies to be SEPA-compliant, transform their payments business and retain their competitive edge in the post-SEPA environment.
Know more about Infosys' Payment Solution
Sourcing at your fingertips: