Fouad Haddouchi

Crédit Agricole's acquisition of Banco Santander’s 30.5% stake in CACEIS is a game changer for the European asset servicing landscape. By achieving full ownership, Crédit Agricole not only consolidates its position but also enhances operational synergies, driving efficiency and profitability. This strategic move comes at a time when the industry faces increasing regulatory demands and technological challenges. While there's a short-term hit to Crédit Agricole’s CET1 ratio, the long-term benefits outweigh the initial impacts. Clients can look forward to expanded and improved service offerings, reinforcing CACEIS as a market leader. As consolidation trends continue, competitors will need to adapt swiftly to stay relevant. Watch this space; the landscape of asset servicing is about to undergo significant transformation, and strategic acquisitions like this are paving the way for innovation and growth. What are your thoughts on this pivotal acquisition?

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🏖It seems it's not holiday yet in England ! Bank of England just release a paper on Innovation in money and #payments ! My highlights in the document below. 👉What do we learn from this reading ? 𝗪𝗵𝗼𝗹𝗲𝘀𝗮𝗹𝗲 1 - #DLT may bring significant benefits in the functioning of wholesale financial market, for 2 reasons : Greater Standardisation and Automation. 2 - The success of this technology will depend on its adoption. Mainly from market participants to issue tokenized financial assets. Just on the bonds, tokenized bonds represent a share of 0.02%. 3 - With Tokenized Assets will come the need for a settlement asset compatible with DLT Infrastructure. If no good solution is found, participants could turn to stablecoin which does not fit UK expectation currently. 4 - The Bank of England already introduce Omnibus Account to facilitate wholesale settlement of tokenized assets 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗼𝘂𝗻𝗱 No decision taken yet on Digital Pound, but the Bank of England see benefit in #CBDC to ensure central bank money remains useful in a digital economy 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 The Bank will issue a proposal on stablecoin regulation. Nothing surprising there, similar to MICA. 1:1 backing, transparency, limits... 𝗘𝘅𝗽𝗲𝗿𝗶𝗺𝗲𝗻𝘁𝘀  Within the next 6 months, Bank of England will launch experiments on wholesale CBDC. It seems similar to the ECB approach, with DvP and PvP usecases. ➡️Very interesting ready that show the priority shift toward wholesale CBDC and how #blockchain is changing the paradigm in financial industry. 💬Bank of England is also looking for feedback on this paper and invite respondents to provide answers by October 31st.

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The European Acquirer Landscape by Benjamin Joyeux 👇 Which company is missing in this overview? Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #payments #paytech #fintech #banking #bankingindustry #financialtechnology #fintechindustry

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Last Friday, the Eurosystem Exploratory Toolbox reached its planned conclusion. Between May and November, participating banks and market DLT operators had the opportunity to conduct trials and experiments with Delivery-vs-Payment using central bank money. These trials were facilitated through three interoperability solutions provided by the Bundesbank, Banque de France, and Banca d’Italia. In my view, this was one of the most exciting developments in 2024 regarding DLT adoption in the financial industry. The exploratory toolbox served as a catalyst for digital asset issuances and transactions. On SWIAT alone, we settled more than €550 million in real-value transactions, with Siemens' €300 million bond being the largest. We feel ambivalent as we reflect on this journey. On the one hand, we’re happy and proud to have had the chance to see these transactions executed on SWIAT and contribute to proving that the interoperability mechanism works. On the other hand, there’s also a sense of sadness as this exploratory phase has now come to its planned end without a concrete plan for continuation. In any case, the Eurosystem Exploratory Toolbox demonstrated that the interoperability mechanism functions as expected, adds value for market participants, and integrates seamlessly with existing infrastructure. Based on the empirical evidence gathered during the last months, we hope this success story will soon continue, with the Eurosystem bringing the interoperability mechanism to production in one form or another.

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SEPA Instant Credit Transfers: A New Era in Payments 🚀 The world of payments is evolving, and SEPA (Single Euro Payments Area) is at the forefront of this transformation with its 10-second rule for instant credit transfers. This groundbreaking update means that eligible transactions within the SEPA network must now be processed and completed in 10 seconds or less—a significant leap forward in speed and efficiency. What Does This Mean? Enhanced User Experience: Consumers and businesses alike can enjoy faster, more reliable transfers, improving cash flow and reducing waiting times. Operational Challenges: For financial institutions, the shift requires adopting advanced technology and streamlined processes to meet compliance and performance benchmarks. AML/CTF Implications: Instant transfers heighten the need for robust anti-money laundering and counter-terrorism financing measures to ensure compliance without delaying transactions. Why It Matters This change demonstrates the growing demand for real-time payment systems in an increasingly digital economy. For compliance professionals, the challenge is twofold: 1. Maintaining Speed and Security: Balancing seamless transactions with rigorous screening processes. 2. Leveraging Technology: Tools like Silent Eight AI-driven solutions can play a vital role, enabling financial institutions to stay compliant while meeting the demands of instant processing. The 10-second rule is not just a compliance requirement—it's an opportunity to innovate, streamline, and enhance the way we manage financial transactions across Europe. Over to You! How is your organisation preparing for this change? Are your compliance systems ready to adapt to the challenges and opportunities of SEPA instant payments? Let’s discuss below! #SEPA #Payments #Innovation #AML #SilentEight #Compliance #FinancialTechnology

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The SEPA Instant Payment framework is now live across the EU as of 9th January 2025, setting a new standard for real-time payments. Here are the key points: - Instant Transactions: Payments must settle in under 10 seconds, 24/7, across participating countries. - Compliance Challenges: Financial institutions face heightened pressure to perform real-time due diligence, including sanctions screening, fraud prevention, and AML compliance. Stringent cutoffs in sanctions screening could lead to increased payment declines, current manual operational processes are not equipped to handle the speed and accuracy required. Financial institutions must modernize and automate to meet these demands effectively. - Impact on Businesses: B2B firms may need to rethink cash flow strategies, risk management, and compliance workflows to keep pace with this shift. - Customer Demand: This upgrade responds to growing expectations for faster, more transparent financial services. While the framework opens doors for innovation, it also underscores the urgent need for agile and automated compliance solutions. Is your organization ready to adapt?

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Fast-growing French fintech Aria eyes European expansion Paris-headquartered Aria, founded in 2019, is looking to shake up the invoice financing sector. https://buff.ly/49XRUR0 #FinTech #FinServ #Banking #FrenchTech

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💥[Breaking News] We are delighted to announce 𝘁𝗵𝗲 𝗰𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗼𝘂𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗹𝗶𝗻𝗲. This business line will enable CACEIS to position itself as the benchmark for digital asset servicing in Europe, permitting clients to benefit from our in-house digital expertise. 🚀𝗢𝘂𝗿 𝗼𝗳𝗳𝗲𝗿𝗶𝗻𝗴 𝗶𝗻𝗰𝗹𝘂𝗱𝗲𝘀 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁 𝗰𝘂𝘀𝘁𝗼𝗱𝘆 𝗮𝗻𝗱 𝗰𝗼𝘃𝗲𝗿𝘀 𝘁𝗵𝗲 𝗲𝗻𝘁𝗶𝗿𝗲 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻, 𝗳𝗿𝗼𝗺 𝗶𝘀𝘀𝘂𝗶𝗻𝗴 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝘂𝗻𝗱 𝘀𝗵𝗮𝗿𝗲𝘀. Read more➡️ https://ow.ly/bOT730sCASE #AssetServicing #AssetManagement #DigitalAssets #Tokenisation

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Lydia, the French mobile payments app, has announced the launch of a new challenger bank proposition, investing €100 million in the venture and planning to hire 400 people over the next three years. This strategic move marks a significant expansion for Lydia, now an e-money institution that serves over eight million users with a comprehensive range of financial services. The new banking entity, named Sumeria, will provide current accounts, joint accounts, savings, credit, and investment services, along with a dedicated IBAN and associated Visa debit card. This decision to split the business into two distinct entities aims to cater to diverse user preferences. While Lydia will refocus on being a simple peer-to-peer (P2P) payments app for quick transfers between friends and contacts, Sumeria will offer a full suite of banking services. The rationale behind this strategic shift was to avoid alienating users who preferred a straightforward P2P payments app without bundled banking services. To date, two million of Lydia’s eight million users have engaged with its broader financial offerings. Sumeria has ambitious goals, targeting five million customers over the next three years. To enhance customer experience and provide personalized support, Sumeria will open a flagship bank branch in Paris, inspired by the Apple Store's Genius Bar. This branch will offer hands-on guidance and support for individuals looking to open accounts and explore the full range of services. This innovative approach signifies Lydia’s commitment to meeting the evolving needs of its users while expanding its footprint in the financial services sector. By differentiating its P2P payments and banking services, Lydia and Sumeria are poised to drive significant growth and innovation in the fintech landscape. Stay tuned for more updates as Lydia and Sumeria continue to reshape the future of digital finance!

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The payment evolution: why orchestration is becoming the new standard ! Here is what caught my attention after reading TNS and Flagship advisory partners' last report about payment orchestration and the evolving payment landscape ( US and Europe context ) : 🎯 The report specifically targets enterprise-level merchants facing : • Rising customer expectations for omnichannel experiences. • Proliferation of payment methods and technologies. • Increasing security risks and compliance requirements. • Need for global expansion capabilities. 🎯 The numbers are striking : • 76% of POS terminal-centric enterprise merchants now use orchestration services. • 81% of companies need orchestration specifically for in-person POS integration. • 31% of US payments now come from alternative payment methods. • 60% of enterprises using a third-party orchestration service are driven by the integration of software and PSP's. What's fascinating is how the #payment ecosystem has transformed. Remember when a single merchant bank could handle all our payment needs ? Those days are long gone. Today's merchants are juggling multiple payment methods, cross-border transactions, and complex regulatory requirements. Three key approaches are emerging ( according to the report ): 1. Traditional payment ecosystems ( flexible but complex ) 2. Full-service PSPs ( simple but limiting ). 3. Payment orchestration ( the best of both worlds). The most compelling insight ? Payment orchestration is becoming the go-to solution for enterprises looking to scale globally while maintaining operational efficiency . It's not just about processing payments anymore - it's about creating seamless customer experiences across all channels. What really struck me is how payment orchestration solves the age old problem of managing multiple vendors through a single API layer, while still maintaining the flexibility to choose best-in-class providers. How is your organization handling the increasing complexity of payment systems ? Are you considering payment orchestration ? #PaymentTech #FinTech #PaymentOrchestration #DigitalPayments #Innovation #RetailTech , Victor Yaromin , Neeraj Malhotra , Sam Boboev , Nicolas Pinto , David Jimenez Maireles , Bilal El Kouche , Paulo Stamm de Lima Sources 👉 https://lnkd.in/diPGY3Ri 👉https://lnkd.in/dz9AaUZH

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In news highlighting the rising importance of digital asset servicing and the increasing adoption of tokenisation across Europe, CACEIS has launched a dedicated Digital Assets business line. 📈 This move reflects a broader trend, with more entities actively joining and expanding the digital asset ecosystem.    For further details ▶ https://lnkd.in/eyu2SxTa    #tokenisation #assetservicing #digitaltransformation #assetmanagement #funddistribution #DLT #blockchain #FundsDLT

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💥[Breaking News] We are delighted to announce 𝘁𝗵𝗲 𝗰𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗼𝘂𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗹𝗶𝗻𝗲. This business line will enable CACEIS to position itself as the benchmark for digital asset servicing in Europe, permitting clients to benefit from our in-house digital expertise. 🚀𝗢𝘂𝗿 𝗼𝗳𝗳𝗲𝗿𝗶𝗻𝗴 𝗶𝗻𝗰𝗹𝘂𝗱𝗲𝘀 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁 𝗰𝘂𝘀𝘁𝗼𝗱𝘆 𝗮𝗻𝗱 𝗰𝗼𝘃𝗲𝗿𝘀 𝘁𝗵𝗲 𝗲𝗻𝘁𝗶𝗿𝗲 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻, 𝗳𝗿𝗼𝗺 𝗶𝘀𝘀𝘂𝗶𝗻𝗴 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝘂𝗻𝗱 𝘀𝗵𝗮𝗿𝗲𝘀. Read more➡️ https://ow.ly/US8c30sCBep #AssetServicing #AssetManagement #DigitalAssets #Tokenisation

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Credit Agricole to acquire Santander stake in Caceis https://buff.ly/4iIr7MD Credit Agricole has announced its intention to acquire Santander's stake in Caceis, a move that could significantly impact the financial services sector. This strategic acquisition is poised to enhance Credit Agricole's asset servicing capabilities and broaden its market reach. Caceis, known for its comprehensive asset servicing solutions, will benefit from Credit Agricole's robust infrastructure and expertise. As the financial landscape continues to evolve, such acquisitions are crucial for companies aiming to maintain competitive advantages.

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With the emergence of fintechs, debt financing and supply chain finance have seen a new dynamic in recent years. These new entrants also need the support of established large banking groups, whose value proposition is complementary. This is why Société Générale Factoring has recently developed collaborations with: CRX Markets AG and WeFi Technology Group. Read the expert view from Gilbert Cordier & Nicolas Malenfant to learn more about why is it key for clients to have the best of both worlds 👉 https://lnkd.in/ejVYBp35

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⚡ The number of SEPA instant payments just went above 3 million daily on EBA RT1 in June, showing 17% growth in volume between January and June alone! However, SEPA is still lagging behind in terms of share of instant payment compared to our neighbours in the UK and Poland. The Instant Payments Regulation will fix that — on paper. On the ground, many banks' legacy payment systems still need to be modernised to support instant payments. Numeral supports financial institutions in complying with instant payment regulations with a fully managed payment infrastructure. Discover some of the functionalities that our platform brings for instant payment: https://lnkd.in/dSqf22Hy #sepa #payments #instantpayments

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Last week, the European Payments Initiative (EPI) announced the expansion of Wero into the French market. This is a major development for payments in Europe as Wero represents Europe’s first sovereign payments system.     Wero's first initiative will allow customers to complete person-to-person (P2P) payments, enabling users to send and receive money instantly using just a phone number or email address. Consumer to merchant payments are expected to begin next year with point-of-sale payments in 2026.    Following its initial launch in Germany earlier this year, several major banks, including BNP Paribas, Deutsche Bank, and Worldline will offer the service to their customers. Belgium, Luxembourg, and the Netherlands are rumoured to follow.    Importantly for the travel industry, Wero intends to simplify cross-border payments. Whilst the service isn’t likely to rival the card schemes in the short term, it is undoubtedly an important development in our industry.     At Outpayce from Amadeus, we’re focused on developing innovative solutions that provide seamless payment experiences to align with the needs of modern, global travel.     For more information, read here:    https://lnkd.in/du2_hEUN    

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🚀 What if flatexDEGIRO would introduce cryptocurrency trading? Here's what it could mean for the stock (my opinion): ◾Expanded Customer Base & Revenue 📈: Attracting new customers interested in digital assets could boost transactions and revenue. ◾Competitive Edge 🥇: Enhancing their service offerings might strengthen their position against rivals. ◾Innovation Perception 🚀: Entering the crypto market can be seen as a bold move, showcasing adaptability and innovation, potentially increasing investor confidence. ◾Increased Volatility ⚠️: Cryptocurrencies' inherent volatility could introduce new risks and revenue fluctuations. I think it would mean for sure more revenue and profit for FlatexDEGIRO shareholders. I am one of these shareholders ; ) Disclaimer: This is not financial advice. Please conduct your own research before making any investment decisions. #Investment #Crypto #Fintech #FlatexDEGIRO #Innovation #Growth 📊

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