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Banks Expect to Lose Millions in Interest Due to SEPA Instant, but Believe Benefits Outweigh Costs
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Banks Expect to Lose Millions in Interest Due to SEPA Instant, but Believe Benefits Outweigh Costs
New research from RedCompass Labs, the global experts in payments modernisation, reveals that nearly half of European banks (47%) expect to lose millions in interest due to new liquidity demands under the SEPA Instant Payments Regulation. The findings come from “Inside Europe’s race to Instant Payments”, a survey of 300 senior payment professionals in European banks. The report is released as the industry races to meet the October compliance dea…
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