Ep122: Understand the benefits of a mutualised, shared services approach to payments

Alastair McGill, GM Data Control, Broadridge Financial Solutions; Thorsten Voelkel, CEO, PPI AG Europe’s banks are facing challenges in payments, driven by changes such as the implementation of PSD2, SEPA ISO migration, TARGET2 and SWIFT ISO20022 migration, while also responding to national payments infrastructure changes and the emergence of new protocols, such as EBICS. There is also increasing market demand for Request to Pay and SEPA IP via TIPS. Broadridge and Germany’s PPI AG unveiled their Payments-as-a-Service partnership during SIBOS. Alastair McGill of Broadridge and Thorsten Voelkel of PPI outlined the new PaaS venture to Robin Amlot of IBS Intelligence.