Together with our customer AUGUST STORCK KG we have hosted on Friday 11.11.2016 the following workshop :
New digital bank services, are you ready? How CGI-MP & EBICS challenge the status quo!
The organization CGI-MP (Common Global Implementation – Market Practice) is defining new global standards for payments, direct debits, reporting, bank account management and bank service billing. EBICS, a free of charge communication protocol, seems to have become a new global standard alongside SWIFT. International transaction banks already support these new standards, but not all treasurers are aware of this.
In this workshop you have learned more about CGI-MP and EBICS, the new digital bank services and how to benefit from them. If the goal of the CGI-MP is realized, a corporate can use the same message structure for all payments with all transaction banks and any payment system across the globe. This can result in a subsequent reduction in banking-related fees provided that the corporate treasurer has the right tools to maximize this potential benefit of new digital bank services.
The following questions have been answered :
- What is the status of the CGI-MP and EBICS?
- How can I estimate my potential benefit?
- How can I realize these benefits?
Gregor Opgen-Rhein has presented the background and goals of these 5 working groups and the new EBICS communication standard. Werner Brinkkötter, member of the CGI-MP, is actively involved in the ‘bank service billing’ working group and has presented how August Storck has realized significant benefits by implementing CGI and EBICS globally.
Time : Friday 11.11.2016 from 15:15-16:00
Language : English
Gregor Opgen-Rhein-Key, Account Manager Omikron
Werner Brinkkötter, Head of Accounting, AUGUST STORCK KG
Philip Wielenga - Director WIELTEC
Location of the conference :
10. - 11. November 2016, Hotels van Oranje, Noordwijk (NL)