What will it take for Ukraine to join the Single Euro Payments Area (SEPA)?

What will it take for Ukraine to join the Single Euro Payments Area (SEPA), and how can banks prepare for the next stage of payments modernization?

At the second webinar hosted by Temenos and ProFIX Group, with the support of the Association of Ukrainian banks, industry experts discussed the benefits of SEPA integration, key regulatory and infrastructure requirements, and emerging technologies transforming the global payments landscape.

Mick Fennell, Business Line Director – Payments at Temenos, shared insights into the key trends shaping the industry, from instant payments and ISO 20022 adoption to the practical applications of AI in payment processing. His presentation explored how AI can support fraud detection, payment repair, intelligent routing and liquidity management, alongside the emerging opportunities and challenges associated with digital currencies and tokenized deposits.

Key topics included:
🔹 How SEPA can reduce transaction costs and accelerate cross-border payments
🔹 The regulatory and infrastructure requirements for Ukraine’s SEPA readiness
🔹 How AI and modern payment platforms can improve operational efficiency and risk management
🔹 How banks can prepare for instant payments and the evolution of digital money.

As Ukraine moves toward European payment integration, flexible, scalable and interoperable banking infrastructure will be essential to help banks adapt to regulatory changes, modernize payment services and meet growing customer expectations.

#SEPA #Payments #BankingTechnology #AI #Fintech #Temenos #ProFIXGroup