The demand for change in Electronic Banking remains at a high level - at the MultiCash Communication Day 2024, corporates were able to find out how they can keep pace with this development
REVIEW
MultiCash Communication Day
The demand for change in Electronic Banking remains at a high level - at the MultiCash Communication Day 2024, corporates were able to find out how they can keep pace with this development
Our forum for companies
The more than 100 participants at this year's MultiCash Communication Day in Cologne were given an overview of the upcoming technological and regulatory challenges for treasury and innovative solutions. In their presentations, renowned experts, banks, corporates and consultancy firms analysed the current situation in Electronic Banking and presented successful strategies for the future.
In its presentation, the consultancy firm Zanders Group showed how corporate treasury can organise the smooth interaction of all payment instruments in light of new regulations and standards in payments. Deutsche Bank provided insight on the increasing importance of "Banking-as-a-Service" and "Embedded Finance" as well as the changes in the established corporate banking ecosystem due to the new API-based banking services. In a case study, Winterhalter and HSBC Germany presented their approach to setting up and expanding an international payment factory with "global" EBICS and "global" CGI. RWE AG and Omikron reported on a successful eBAM onboarding project and provided important recommendations for such projects.
To complement this range of topics, participants were given an outlook on the functional scope of the new MultiCash version 5 and the planned roll-out schedule. Omikron also presented the MultiCash Transfer AutoClient, a multi-bank connector that enables automated data exchange with banks and service providers via the Omikron Cloud "as-a-Service".
The MultiCash Communication Day was rounded off with a presentation on the topics of the ISO 2019 migration, the impact of EBICS 3.0 and the requirements of SEPA Instant Payments and "Verification of Payee" for corporate payments.
AGENDA
MultiCash Communication Day
Date: Thursday 19. September 2024 - 9:30 - 16:30
Location: Lindner Hotel City Plaza, Magnusstraße 20, 50672 Cologne
THE KEY TAKE-AWAYS FROM THE EVENT
Payment harmonization: the treasurer is in the lead for all types of payment – and increasing level of responsibility
SEPA Instant Payments relaunched: Regulatory changes open up new opportunities for corporates and banks
Banking-as-a-Service - innovative API-based banking services expand the established corporate banking ecosystem
Following the mandatory tasks in Electronic Banking, such as the switch to the new ISO 20022 XML formats and EBICS 3.0, the focus is now increasingly shifting to the opportunities offered by technological and functional development
eBAM acceptance by banks is still on the rise - also internationally!
With "global" EBICS and "global" CGI-XML, more and more banks are enabling corporates to set up and expand an international payment factorySecurity features and new security concepts strengthen corporate resilience against cyberattacks and fraud attacks
With the MultiCash system solutions in version 5.0, you are ideally equipped for the upcoming transformation of corporate banking.
CONCLUSION
Now is the time to benefit from the changes and new services in transaction banking. Seize your opportunities and work with us to realise the full potential of the new solutions for your treasury.
We would like to thank all participants for their interest and especially the speakers for their excellent presentations and the opportunity to take a look at the corporate banking of the future.
INVITATION
MultiCash Communication Day
Date: Thursday 19. September 2024 - 9:30 - 16:30
Location : Lindner Hotel City Plaza, Magnusstraße 20, 50672 Cologne
"At the MultiCash Communication Day, corporates learnt how they can take advantage of the opportunities offered by technical developments following the switch to ISO 20022 XML formats and EBICS 3.0 and benefit from the new banking services for corporates.
The analyses, insights and discussions at the event broadened everyone's view of current and future developments in transaction banking and encourage us to continue working with you on forward-looking solutions."
Gregor Opgen-Rhein | Senior Account Executive | Omikron Systemhaus
