Monthly Posts: April
…the combination we bet on.
Allevo brand is the personification of what we doand how we do our work. It represents our company’s team, itsaspirations and vision for the future, its work philosophy andmarket approach.
Going back 12 years ago, when Business InformationSystems just started its activity, the user of banking servicesrequired two critical features, speed andsecurity; the financial transactions had to arrivequickly and secure to the beneficiary. Time is money, as we allknow!
The banking landscape got meanwhile more and more complex, newbanking products, new banking channels, new offers andrequirements. Not to mention the new regulations andstandards.
We’ve put all the passion and enthusiasm in day-by-day struggles,diagnosing and solving customers’ problems, developing newsolutions, complying with the times and fighting with thetime.
No complaints, though, easy things don’t lead too often to qualitythings…We had the opportunity to evolve as a company, to develop asa team, to qualify as experts.
All these years of hard work draw together the team’s values thatmake us unique.
The survey, conducted with our customers and partners during therebranding preparation, has indentified Allevo‘smarket perception …
…act and today, promptly
…believe in innovation and relentlesscuriosity
…aim for results and efficiency
…expertise and adaptability
…help the financial transactions processing
…dedicated to delivering the best
…professional excellence and
values we are very proud of and prove that we bring to ourbusiness partners (customers or vendors):
emotional benefits by feeling secure andin control, informed and important;
rational benefits by getting support,state-of-the-art solutions and compliance with the standards andregulations of the financial and banking industry.
Allevo‘s team is Thinkingevolution.
If you read our December 2010 postabout Sepa migrationdeadlines
we think you’ll be again very interested innew details on this theme, announced on Finextra:
The European Central Bank iscalling for an extension to the mandatory end-dates proposed by theEuropean Commission for the enforced introduction of new paymentsinstruments under the Single Euro Payments Area (Sepa)project.
See the news on Finextra (8 April 2011) or readit here:
In December, the EuropeanCommission proposed an end-2012 timelinefor the banking industry to move to new EU-wide credittransfers and direct debits.
The ECB – which had initially been callingfor an end-2012 date for SCTs and a shift to SDDs taking place thefollowing year – has now revised its opinion, with the call for anextended timetable buried in amendments in its formal response tothe European Commission’s December paper.
Says the central bank: “Taking intoconsideration the payment industry’s need for sufficiently longlead times, the ECB suggests setting concrete dates, which couldpreferably be at the end of January 2013 for credittransfers and the end of January 2014 for directdebits.”
Despite this, the ECB remains supportive ofthe European Commission’s push for binding regulation: “A Unionact of general application, binding in its entirety and directlyapplicable in all Member States, is…considered essential forsuccessful migration to Sepa, as the project would otherwise face aserious risk of failure.”
The central bank is also calling onBrussels to provide clear guidance on the regulation of interchangefees for debit card transactions.
In 2009, the Commission introduced atemporary default interchange fee for cross-border direct debits,together with a temporary endorsement of national interchange feesfor direct debits. “Both of these Articles will no longer applyon 1 November 2012,” notes the ECB. “In order to avoid alegal vacuum hampering migration to Sepa direct debit, it isimportant that a long-term solution for interchange fees for directdebits is established.”