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Eurogiro News

The payment market and Eurogiro have changed dramatically since you witnessed the creation of Eurogiro in 1992. What do you regard as the greatest achievements of Eurogiro since the start and what should Eurogiro focus on to meet the challenges of today?

Eurogiro positions itself as a provider for banks and Postbanks, whereas before it saw itself as a provider for posts and Postbanks. In my view, the main achievements are: the creation of a low value payment service that secured low costs from using standards which again led to high STP. It was a leap forward in terms of security and cost of processing transactions

between posts. Today Eurogiro is more than an alternative to SWIFT, it has developed into an expert in low value payments. Also, the many partnerships it has formed over the years are very important. And fnally, we have a dedicated staff in Copenhagen that monitors the improvements and relations of members and not least the members that contribute on many levels to the shaping of Eurogiro. The main challenges are to em-brace the new technologies of Person-to-Per-son payments into our interbank infrastruc-ture. Another challenge is how to support the intra-regional traffc outside Europe, mainly Asia and Africa.

La Banque Postale has a strong position in the top echelons of both Eurogiro and the UPU, and the two organisations recently signed an agreement to link their networks. How do you see the potential of this for mem-bers of the organisations?

There is huge potential for developing traffc across these two networks. Some postal operators within UPU and / or Eurogiro are quite interested in such a link. There are also some important differences between the two systems, in handling of KYC compliance or in settlement, to mention a few. However, I am confdent that we will see this agreement come into force before the end of this year.

Sylvie Solignac is appointed as Chairman of the Eurogiro Board

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your global payments community September 2011 - Issue 03

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Eurogiro’s new Chairman is Head of International Offce at La Banque Postale in France, and was among the founders of Eurogiro. In this interview she expresses her view on the aspirations and challenges of Eurogiro

Joint marketing activities with Eurogiro members in the Asia Pacifc Region

Bangladesh Post announced as Eurogiro member at Asia Pacifc Postal Union meeting

Interview with Tony Cacheria and Wayne Mchugh of Ganart Technologies

Technical User Group meeting 2011 in Copenhagen