SEPA: Investing in the future
What strategic considerations and practical choices do banks and corporates need to consider in order to take advantage of the SEPA opportunity?
Written by Naveed Sultan, cash management head, Europe Middle East and Africa, Citigroup Global Transaction Services.
The on-going evolution of SEPA has many banks and corporates asking ôWhat is the business benefitö Banks are grappling with the financial contradiction of dedicating a significant portion of their investment budgets to a project that could reduce revenues while corporates are trying to determine the amount of technology and process changes needed to invest in order to exploit the changes.
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