With the merger of Omikron (multicash) and COPS (corima), a new provider of payments and treasury solutions in the DACH region is established, with the aim to introduce an integrated end-to-end platform as a central component of the CFO suite of the future.

The migration to structured addresses for payments planned for November 2026 has been postponed, and the German Banking Industry Committee (Deutsche Kreditwirtschaft, DK) has suspended the discontinuation of older payment formats for the time being. Below, we summarise the decisions taken by Swift, the European Payments Council (EPC) and the DK, explain the implications for payment formats and address data, and recommend concrete next steps for the migration.

Omikron, one of the leading providers of multibank payment and cash management solutions, and Convista Consulting AG have announced a strategic partnership. Together, the two companies will support banks and corporates in modernizing their payment platforms, meeting regulatory requirements, and implementing future-ready payment and treasury processes. The partnership goes beyond the successful implementation of system upgrades. Its broader objective is to help corporates and financial…

With regulatory requirements coming into force at ever shorter intervals, the ability of the system landscape to rapidly implement new standards such as ISO 20022, Ebics 3.0 and VoP is becoming a key factor for success. By Gregor Opgen-Rhein

The Instant Payments Regulation is changing payments. Treasury teams must now switch from manual routines to rule-based systems. By Gregor Opgen-Rhein

With EU Regulation 2024/886, the European Union has laid down the conditions for SEPA Instant Payments, which also has consequences for SEPA standard payments. By Gregor Opgen-Rhein

Save time and avoid errors with eBAM and BSB. By Gregor Opgen-Rhein

There are still many pain points in the digitalisation of treasury processes. However, corporates can digitalise their processes and save time and money in the process despite a lack of resources. By Gregor Opgen-Rhein

The ISO 20022 XML standard for financial messages is a key technology for optimising digital treasury, accounting and compliance processes. By Gregor Opgen-Rhein

In a forward-looking partnership, FLEX Capital, a private equity investor focusing on medium-sized software companies in German-speaking countries, and Omikron, a leading player in transaction banking in Europe, have joined forces. This alliance builds on four decades of successful history of MultiCash solutions for corporates and banks, aiming to introduce a new phase of growth for Omikron through targeted innovations and technological advancements. Together, the partners intend to shape the…

Digitalising of bank account management is high on the wish list of many corporates - and banks are also increasingly aware of the advantages of standardising and automating their account management, authorisation management and KYC processes. By Gregor Opgen-Rhein

At this year's MultiCash Communication Day in Cologne, more than 100 participants learned from the various presentations and workshops how corporate banking is becoming digitalized.

Treasurers need interfaces for a wide range of processes. Due to the numerous options, choosing the right interfaces can be challenging. By Gregor Opgen-Rhein

Digitalization is one of the most important challenges for corporate Electronic Banking today.

The increasing digitalisation of payment processes poses challenges for the treasury. The impact extends to one of the core tasks, the processing of the corporates national and international payments. By Gregor Opgen-Rhein

Centralising payments promises many new opportunities for treasury departments. But implementation poses a number of challenges. By Gregor Opgen-Rhein

Having an up-to-date overview of liquidity is essential. The pandemic has confirmed just how important this is. Controlling cash and accounts digitally helps. By Gregor Opgen-Rhein

Digitalisation is shaping the working model of the future. This has significant consequences for the treasury. By Gregor Opgen-Rhein

 

As a recent survey by the financial magazine DerTreasurer has shown, the digitalization of electronic Bank Account Management (eBAM) processes is at the top of the to-do list of many financial managers.

Omikron’s banking community makes a successful transition to the PSD2 era

Press contact.

Birgit Ullrich
Tel +49 221 5956990
Email pr@omikron.de