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By François MASQUELIER, CEO of Simply Treasury
European treasurers are concerned by the PSD2 review, as well as by the regulations on instant payments. This is an area where we have seen, in the USA for example, massive fraud. In addition, the identification of the IBAN account holder, even if this account is controlled and controllable, is not automatic. We believe that it is necessary to promote any means to verify that the holder of a beneficiary account is the one to whom this account belongs. Unfortunately, this is not the case everywhere and especially not at the cross-border level in Europe. So what solution should be recommended?
Fast evolving payment landscape, but it must remain under control
We...
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