CGI Group supports compliance programme
LONDON: CGI Group Inc, a leading provider of information technology and business process services, has been selected by ZLM Verzekeringen (ZLM Insurances), a multi awardwinning Dutch insurance company, to support the firm’s Single Euro Payments Area (SEPA) compliance programme. In Europe more than 4 billion direct debit mandates will need to be migrated to SEPA by February 2014. On this date corporates will no longer be able to use national Credit Transfer and Direct Debit schemes for Euro payments. With CGI SEPA Services, the Netherlands-based insurer will migrate its legacy payments and collections to the new SEPA Credit Transfer and SEPA Direct Debit schemes, manage and store client mandates, and have access to a payment hub capability.