Webinar: SEPA Inst Mandate – Lessons Learned from Phase One and Next Steps for Full Compliance by The Paypers

SEPA Inst Mandate – Lessons Learned from Phase One and Next Steps for Full Compliance

About

Small and medium-sized banks are navigating the complexities of the SEPA Instant Payments framework, especially concerning the immediate and precise requirements for sending and receiving real-time payments. With various deadlines approaching, these banks are concerned about how to implement efficient processes for meeting the verification of payee criteria, including IBAN checks and sanction screening. As regulations evolve and new compliance expectations arise, banks need guidance on integrating these practices while safeguarding customer trust and ensuring regulatory adherence.

For the larger banks who may have been ‘live’ with SEPA Inst for years, potentially since its formal launch in 2016, it won’t be about the basics to send and receive. Rather, it will be about making sure their existing systems meet the new mandate requirements. For instance, even if they already have a domestic Verification (or Confirmation) of Payee solution, it may not be in the standardised format outlined in the VoP rulebook. This means that they need to ensure they fully understand the EDS requirement and leave plenty of time ahead of the June testing window.

The objective of this webinar is to equip all financial institutions, with a particular focus on small and medium-sized banks, with the insights they need to navigate the complexities of the SEPA Instant Mandate and improve their operational frameworks for real-time payments.

When

Thursday, February 13, 2025 · 3:00 p.m. Amsterdam (GMT +1:00)

Agenda

What are the key lessons that have been learned post 9th January and what are the next steps for VoP and Phase 2 ‘Send’?
How can banks and PSPs in Europe maintain their competitive advantage when Instant Payments are offered by all?
What key strategies can be adopted to enhance customer experience while ensuring compliance?
How can PSPs balance operational capacity and compliance requirements all whilst ensuring workforce readiness for real-time payment systems
What will be the impact on standard SEPA and other payment schemes – extinction?
What does the future hold for instant payments within Europe and what are the potential new technologies and regulations that could affect real-time payment systems?

Presenters

Frédéric Viard

Head of Commercial Product Management – Financial Messaging at Bottomline

With over 20 years of experience in the financial messaging market, Fréderic drives Bottomline’s product road-map to help banks & FIs achieve wider reach, speed-to-market, industry compliance, greater security and improved risk management.

Mike Chambers

Payments:Unpacked at Northey Point

Mike Chambers is a recognised authority on retail payments and, as Chief Executive Officer, led Bacs Payment Schemes Limited (Bacs), the UK’s biggest retail payment system, from 2004 until 2018. Having successfully integrated Bacs into Pay.UK as part of the regulatory endorsed merger of the UK’s retail payment schemes and the creation of Pay.UK Mike formed Northey Point. Mike and Northey Point have established a portfolio of responsibilities including chairman, senior advisor, Non Executive Director, investor, ambassador, awards judge and commentator.

Ryan Sullivan

Vice President, EMEA Real Time Payments Product Manager at JP Morgan

Ryan Sullivan is a Vice Present and SEPA Instant Product Owner within the Payments business at J.P. Morgan, based in London. J.P. Morgan Payments combines Global Payments and Merchant Acquiring to provide integrated solutions to clients around the globe.

In this role, Ryan is responsible for end-to-end product management including product strategy, roadmaps, product development and product performance. Ryan has over 8 years’ experience within J.P. Morgan and Payments, with previous roles in Payments Operations and Global Client Implementations. In his current position as SEPA Instant Product Owner, he is an active participant in several European industry forums, and holds an industry seat with the EBA Clearing.

Mélisande Mual

Publisher and Managing Director at The Paypers

Mélisande Mual is the publisher and owner of The Paypers, the global leading source of news and intelligence for professionals in payments, fintech and digital commerce. Prior to The Paypers, Mélisande held several leadership positions in leading B2B Publisher (Wolters Kluwer) and Telecom (KPN) companies

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