Domestic & SEPA Payments
Domestic and SEPA payments are a crucial component of banks' operational efficiency, especially in a constantly evolving regulatory and technological landscape. Effectively managing these processes is essential to ensuring continuity and competitiveness in the financial sector.
We boast extensive expertise in the field of collections: through our proprietary BankPay Suite products and our support and development services, we assist banks in the comprehensive management of domestic collections and the transition to SEPA.
We have also developed in-depth expertise across all payment systems. We implement custom solutions for leading Italian banks and provide long-term Application Management services in the Collections and Payments sector for non-proprietary applications.
The benefits
Our know-how has been developed over more than thirty years of experience in the Italian banking world, including banks, banking groups, and service centers. We cover all our clients' needs thanks to a wide range of specialized skills and technologies designed for the banking sector's requirements.
We implement and manage products from the BankPay Suite for the complete management of Italy/SEPA collections and invoice financing. We support clients with installation, configuration, and testing of products, new application modules, and evolving releases, including dedicated workshops.
We stay updated on the sector's regulatory framework by thoroughly studying relevant laws and directives. We also have a deep understanding of the functional and technical system standards within Italy and SEPA, as well as the operational, accounting, and management practices of the market.
We integrate products through an evolutionary roadmap, both to comply with regulatory changes and to introduce new features beneficial to business, operations, management, and organizational areas. When appropriate, we can provide fully custom modules, overseeing their design, implementation, testing and release.
We analyze the specific needs of the client (commercial, organizational, operational, accounting, technological) and offer functional and application consulting for process reengineering and customization definition.
We provide Application Management services in environments using Dedagroup products and non-Dedagroup or custom applications..
The skills
Our team of specialists in Collections and Payments is made up of business developers, business consultants, functional analysts, technical/functional product specialists, technical analysts, and programmers with specific training.
Our main areas of expertise are in Collections and related transversal areas. The products from the BankPay Suite have been developed, implemented, installed, and managed at leading banks, banking groups, and service centers in the following areas:
Collections and Effects Italy: management of the relationship with the creditor/company customer (collection of collection instructions; disinvestment/advance of trade credits; credit and risk control; liquidation of portfolio interests, accruals, deferrals; management of paid/unpaid items; instructions; conditions; regulations and accounting; reporting); management of the relationship with the debtor customer (payments, reservations, debits) or with the System banking counterpart; management of Advance on Invoices and other documents Italy
SEPA Collections:Complete management of SDD (SEPA Direct Debits) (operational and accounting banking processes; SBF advance; Italian and EPC regulations; evolutions from the Rulebook and for AOS ABI)
Flow and message management system in the National Interbank Network (RNI-Commercial Collections, Portfolio Provisions, Documented Operations, Interbank Charges) and interbank settlement in the Clearing System (rules, subjects, roles, processes, messaging, regulations)
Interbank Exchange Systems/ CSM/ ACH of SDD, SEDA, Remuneration Messages (ISO20022 Formats, Interbank Rules and Standards)
Customer-Bank exchange management rules (CBI domestic formats, CBI ISO20022 standard, EPC SDD standard)
Reports / reporting
Transaction Handling Management
Payment Account Portability (2015 regulations)
Compliance aspects of services
In the Collections and Payments area, we have also developed strong process, functional, and technical expertise in the following systems, which are not part of our enterprise software product offerings:
Transfers (TARGET, SCT, SCT Instant) and Standing Orders, Cheques/CIT, Pensions, Taxes, RNI Procedural Records; SEPA Participants tables, Bank/Banking Placement, CBI and RNI Standards, PSD2/Open Banking Issues (SCA, Consents, PISP/AISP API), IPR Regulation (Instant Payment Regulation).