The new system will allow the bank to complete its comprehensive testing and integration with its own systems in a timely fashion. This will enable the bank to go to market with a Single Euro Payments Area (SEPA) capability ahead of its competitors, facilitating the capture of new business from the emerging SEPA market.
The system will provide full support for all requirements defined by the SEPA rulebooks, both for SEPA credit transfers and SEPA direct debits. LAPS High Volume offers EBA STEP 2 and other European CSM connectivity, as well as multi-bank capabilities that provide a sound platform for the provisioning of additional optional services.
