Domestic & SEPA Payments
Domestic and SEPA payments are a ornerstone of operational efficiency in banking, especially in a fast-evolving regulatory and technological setting. Effectively managing these processes is key to staying consistent and competitivein the financial sector.
We ring decades of extensive experience in collections: through our proprietary BankPay Suite products anda range of support and development services, we assist banks in the comprehensive management of domestic collections and the transition to SEPA.
Our expertise spans 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 third-party applications.
THE BENEFITS
Our know-how has been shaped by more than thirty years of experience supporting major Italian banks, banking groups, and service centers. We offer a wide range of specialized skills and technologies tailored for the banking sector’s requirements, ensuring end-to-end coverage of our clients’ needs.
We implement and manage products from the BankPay Suite to support the complete management of Italy/SEPA collections and invoice financing. We support clients with product installation, configuration, and testing, new application modules, and latest release rollouts, including dedicated workshops.
We keep up with the sector's regulatory framework by thoroughly studying relevant laws and directives. We also possess a detailed 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 provide fully customized modules, overseeing their design, implementation, testing and release.
We begin by analyzing our clients’ specific needs (commercial, organizational, operational, accounting, technological) in order to offer functional and applicational consulting for process reengineering and customization planning.
We provide Application Management services in environments using both Dedagroup products and non-Dedagroup or custom applications.
THE SKILLS
Our team of specialists in Collections and Payments consists of business developers, business consultants, functional analysts, technical/functional product specialists, technical analysts, and programmers with specific training.
Our main areas of expertise lie in Collections and related cross-functional domains. 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 Trade Receivables – Italy: creditor relationship management (processing of collection orders; factoring/advance of commercial credits; credit and risk control; liquidation of portfolio interests, accruals and deferrals; handling of paid and unpaid items; instructions; contractual terms; policies and accounting; financial reporting); debtor relationship management (payments, reservations, debits) that also includes interactions with the System’s banking counterparty; management of Advance Payments & Invoicing and other documents
SEPA Collections: Comprehensive management of SEPA Direct Debits (SDD), covering operational and accounting banking processes, SBF advances, Italian and EPC regulations, updates from the Rulebook and for AOS ABI
Message flow and management system in the National Interbank Network (RNI) for Commercial Collections, Portfolio Provisions, Documented Operations, and Interbank Fees as well as 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 (domestic CBI formats, CBI ISO20022 standard, EPC SDD standard)
Reporting and notifications
Transaction Processing Management
Payment Account Portability (2015 regulations)
Regulatory Compliance for 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 Registers, Bank/Branch Placement, CBI and RNI Standards, PSD2/Open Banking Issues (SCA, Consents, PISP/AISP API), Instant Payment Regulation (IPR).