00:02, 22 August 2008 Page views 415 views

SEPA Fraud Potential Worries Some European Treasurers

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A survey of European corporate treasurers by Experian Payments has found that 32 percent are concerned about a possible rise in direct debit fraud following the introduction of SEPA-compliant cross-border direct debits. Direct debits involve a biller setting up a mandate to take regular, automated payments from a customer’s bank account.

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