{"id":5725,"date":"2021-04-26T14:27:22","date_gmt":"2021-04-26T14:27:22","guid":{"rendered":"https:\/\/manager.openweb.ro\/?p=5725"},"modified":"2021-11-01T12:38:56","modified_gmt":"2021-11-01T12:38:56","slug":"sepa-and-payments-industry-challenges-concerning-standards-and-operations","status":"publish","type":"post","link":"https:\/\/manager.faa.ro\/?p=5725","title":{"rendered":"SEPA and payments industry &#8211; challenges concerning standards and operations"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5725\" class=\"elementor elementor-5725\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68aaa8ac elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"68aaa8ac\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72f7f9d6\" data-id=\"72f7f9d6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4c41a3d0 elementor-widget elementor-widget-text-editor\" data-id=\"4c41a3d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: var(--c-contrast-800); font-size: 16.604px;\">Pages: 309-321<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bb4065a elementor-widget elementor-widget-text-editor\" data-id=\"3bb4065a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Introduction<\/strong>. The Single Euro Payments Area is a payment-integration project of the European Union. SEPA is aiming to create an integrated euro payments market and to harmonize the national and crossborder euro payment systems, making cross-border transactions as simple and cheap as national ones. The SEPA regulations is aiming to increase harmonization, through using of common payments formats and computer languages.<\/p><p><strong>Aim of the study<\/strong>. The goal of using a common standard in the industry in order to facilitate interoperability among systems and infrastructures, will be more and more important. In this view, standardizing messages across institutions and companies has never been more important. The ISO 20022 provides interoperability and consistency to a highly complex industry, thereby reducing the risk of errors and speeding up processes.<\/p><p><strong>Keywords:<\/strong> SEPA, payments, ISO 20022, infrastructure, interoperability.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f13eb60 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"3f13eb60\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/manager.faa.ro\/wp-content\/uploads\/2021\/11\/22m_309_321.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Full text sources<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Introduction. The Single Euro Payments Area is a payment-integration project of the European Union. SEPA is aiming to create an integrated euro payments market and to harmonize the national and crossborder euro payment systems, making cross-border transactions as simple and cheap as national ones. The SEPA regulations is aiming to increase harmonization, through using of common payments formats and computer languages.<\/p>\n<p>Aim of the study. The goal of using a common standard in the industry in order to facilitate interoperability among systems and infrastructures, will be more and more important. In this view, standardizing messages across institutions and companies has never been more important. The ISO 20022 provides interoperability and consistency to a highly complex industry, thereby reducing the risk of errors and speeding up processes.<br \/>\nKeywords: SEPA, payments, ISO 20022, infrastructure, interoperability.<\/p>\n","protected":false},"author":228,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,29],"tags":[517,547,560,731,887],"coauthors":[1473,1474],"class_list":{"0":"post-5725","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-27","7":"category-2015-vol-22-issue-2-december","8":"tag-infrastructure","9":"tag-interoperability","10":"tag-iso-20022","11":"tag-payments","12":"tag-sepa"},"_links":{"self":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/5725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/users\/228"}],"replies":[{"embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5725"}],"version-history":[{"count":3,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/5725\/revisions"}],"predecessor-version":[{"id":8175,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/5725\/revisions\/8175"}],"wp:attachment":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5725"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcoauthors&post=5725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}