The European Association of Corporate Treasurers (EACT) published today its response to the European Commission’s (EC) consultation on a Retail Payments Strategy for the EU. In our response we highlight the critical importance of ensuring top-down regulatory harmonisation across the EU to achieve a true single market for payments and facilitate cross-border payments by corporates. We fully support a regulatory framework that is open to innovation in the payments space.
At the same time, to ensure that the benefits of payment innovations materialise, we urge for the mandatory uptake of for example the SEPA Instant Credit Transfer Scheme (SCT Inst.) and a wider regulatory push towards the uptake of new solutions such as Request to Pay.
We also highlight that a widespread uptake of payment solutions such as instant payments needs to come hand in hand with commensurate end-user protection against fraud and mistaken payment flows.
We wish you and your loved ones a happy holiday season and a new year filled with joy, prosperity and happiness.
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The European Association of Corporate Treasurers (EACT) announces the appointment of François Masquelier as its new Chair as from October 1st.
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We are delighted to announce that the sixth edition of the Journeys to Treasury report is now available to download.
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The latest edition contains the second EACT in Action event, treasury in the 'new normal', technological readiness of treasury in the Czech Republic, and more
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What role can treasurers play in the fight against cybercrime and fraud? Our latest EACT in Action webinar offers answers to this question from an expert panel that included the Deutsche Bahn AG treasury team.
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