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SEPA Update

EuroDebit from Sentenial scoops ‘Best Payment Product’ Award at the prestigious Banking Technology Awards Ceremony
article added on Nov 17 2008

Sentenial’s flagship product, EuroDebit, was awarded ‘Best Payment Product’ under the Readers Choice Category of the prestigious Banking Technology Awards, which took place on Thursday 6th Nov at the Grosvenor House Hotel, Park Lane in London.

The Banking Technology's Readers' Choice Awards, which were introduced for the first time last year, are voted for by the magazine's international readers, who are asked to name their choice of vendors and products in a range of categories spanning all parts of the financial services spectrum.

EuroDebit from Sentenial, described as the complete SEPA direct debit processing software application, is currently being implemented for SEPA by 2 of the largest Banks in Europe. Seen as the low risk, best practice choice for SEPA Direct Debits, EuroDebit is proven in the marketplace, end to end and scalable, addressing the current practical requirements of SEPA Direct Debits, while also extending itself to offer optional service layers for a truly efficient and adaptable strategic SEPA solution.

Sentenial Ltd which has offices in the UK & Ireland is fast becoming recognised as one of the leading providers of SEPA Direct Debits in the industry. With clients ranging from SMEs to large global banks, Sentenial has built a reputation for best in class solutions, accurate and efficient delivery and excellent customer service.

The 2008 Awards Ceremony, which took place on Thursday 6 November, was attended by an array of Banks & Financial Institutions from across Europe as well as a selection of the industry’s leading technology providers.

Click here for further information & details on the 2008 Banking Technology Awards


Direct Debits get SEPA moving forward
article added on Oct 23 2008

"B.I.S.S. Research has been monitoring Sentenial for the past three years and has witnessed close hand, the growth of confidence within the firm about its product and how this is now being realised in the market. During the last three years Sentenial has remained entirely consistent in its marketing message and almost manic in its system development, to produce SEPA direct debit solutions way ahead of the market", Gary Wright, BISS Research.

Click on the following link to access this article in full.
Direct Debits get SEPA moving forward


ABN Amro Selects Sentenial’s EuroDebit for its SEPA Direct Debit Management Solution
article added on Sep 01 2008

Sentenial announces ABN Amro Bank as the latest addition to its growing customer list. ABN Amro Bank selected Sentenial to deliver a fully SEPA compliant solution for the bank’s pan European Direct Debit processing requirements.

The Sentenial EuroDebit solution will be fully integrated to the bank’s core payments architecture to enable the bank meet mandated SEPA rule book requirements.

ABN Amro, one of the largest financial services groups in the world, recognises Sentenial’s flagship product, EuroDebit, as a key element in processing direct debit payments in a manner which facilitates smooth integration with multiple back office banking systems. Using EuroDebit, ABN Amro Bank will have the ability to rationalise a number of legacy and in-house Direct Debit systems and ensure the group’s scheme rule compliance while achieving high STP levels and exception automation. A major factor in the selection of the Sentenial solution was its multi-scheme, multi-bank, mulit-currency capabilities which provide ABN Amro Bank with a long term solution, future proofed against ongoing scheme changes, including SEPA. In addition to SEPA compliance, the EuroDebit solution will provide ABN with a proven Mandate Management platform to ensure the smooth and efficient processing of mandates under the new scheme rules.

Commenting, Sean Fitzgerald, CEO of Sentenial, said: “Sentenial is delighted to add ABN Amro Bank to its growing list of customer institutions in the Banking Sector. The bank, like Sentenial itself, is very much a thought leader in the SEPA area and this is the beginning of a relationship of significant mutual benefit in terms of sharing of ideas. ABN Amro, as an organization, shares Sentenial’s opinion that SEPA is, first and foremost, an open market, with all of the new opportunities that a new open market brings. SEPA does, of course, bring new compliance obligations to the bank. Sentenial will ensure that ABN Amro Bank meets all of its compliance obligations, while taking full advantage of the new commercial avenues which SEPA opens”


SEPA Compliance - The Tip of the Iceberg
article added on Jul 30 2008

Download Senteial's latest article release, SEPA Compliance - The Tip of the IceBerg.

"Some Banks may be viewing their SEPA Direct Debit Compliance project as a ‘tick in the box’ exercise. Taking such an approach means that the timeframes, activities and perceived challenges involved becomes viewed as a straightforward compliance exercise. However, beneath the surface lies a larger and more fundamental challenge in determining the most effective means of fulfilling compliance and operational obligations, while at the same time, remaining competitive, harnessing profit and, at a minimum, protecting existing market share. Indeed, maintaining the banks operational efficiencies and ensuring that the ‘hard won’ business to date is not lost in the process is a challenge in itself."

PDF: Click here to download a copy


Meet Sentenial at SIBOS 2008
article added on Jul 11 2008

Sibos is the financial services industry’s premier event and attracts the industry’s leading figures and companies. Networking and doing business are at the top of the agenda with the presence of so many senior representatives from leading institutions worldwide means that dialogue about the future of the industry is lively and thought-provoking.

Sentenial will be exhibiting at SIBOS over the 5 days and welcomes the opportunity to meet with you there.

You will find us at Exhibition Stand No B201 in Hall B.

Our Management team are industry specialists and have expert knowledge in the area of SEPA DD’s. Please click the following link to register for an opportunity to discuss your SEPA Direct Debit issues with one of our Senior Managers.


Please click here to Request a Meeting with Sentenial at SIBOS Mon 15th - Fri 19th Sept 2008


Sibos 2008 (15 Sep 2008 - 19 Sep 2008)

Sibos is the financial services industry’s premier event and attracts the industry’s leading figures and companies. Networking and doing business are at the top of the agenda with the presence of so many senior representatives from leading institutions worldwide means that dialogue about the future of the industry is lively and thought-provoking.

The conference sessions are designed to highlight and explore the current challenges and initiatives arising in the industry. Leading experts in their field come to debate and share their knowledge about new technologies, processes, requirements, alliances, and of course, efficiency and security.

Sentenial will be exhibiting at SIBOS over the 5 days and welcomes the opportunity to meet with you there at Stand No B201 in Hall B.

For further information on Sentenial @ SIBOS 2008 click here

>Venue: Vienna, Austria


Central & Eastern European Payments Conference (5 Nov 2008 - 6 Nov 2008)

Sentenial is delighted to be part of the upcoming CEE Payments Conference, taking place on the 5th & 6th November 2008 at The Corinthia Towers in Prague.
The Conference will look at 'Where are the business opportunities?' & 'What will SEPA and the PSD mean for the region?'

Sentenial will participate by providing a guest speakers on Thurs 6th Nov on the topic - "Implementation of the SDD, how to drive best practice" - Damien Molloy, Director, Alliances & Marketing, Sentenial.

If you wish to meet a member of the Sentenial team at this event, please do not hesitate to get in contact with us.

We look forward to meeting you there.

Click here for further info or to Register for this Event

>Venue: The Corinthia Towers, Prague


European Banking & Insurance Fair (18 Nov 2008 - 20 Nov 2008)

Sentenial will be attending the upcoming EBIF Fair in Frankfurt on 18th to the 20th November 2008.

This renowned event is Europe's largest independent technology trade fair for the banking and insurance sector and a meeting place for the world of finance.

If you wish to meet a member of the Sentenial team at this event, please do not hesitate to get in contact with us.

We look forward to meeting you there.


Click here for further info or to Register for this Event

>Venue: Frankfurt am Main, Germany


SEPA & the Payment Services Directive (9 Dec 2008 - 11 Dec 2008)

SEPA & the Payment Services Directive

ICBI's 8th Annual Conference - SEPA & the Payments Services Directive; Implications for Corporations, Banks & Service Providers - will take place in the Victoria Park Plaza in London on Tuesday 9th & Wed 10th December 2008.

Sentenial are proud to be the main exhibitors at this event.

Damien Molloy, Director Alliances & Marketing will give a talk on 'Meeting the Challenges of the SEPA Direct Debit' on Tuesday 9th Dec at 11.35, in addition to participating in the Strategy Roundtable - 'Where next with SEPA Direct Debits' at 12.15pm.


For further information on this SEPA Conference click here.

>Venue: London