Broadridge Collaborates with PPI AG to Launch Payments Initiative

Broadridge Financial Solutions, Inc. A global Fintech leader, has announced a collaboration with PPI AG, the Hamburg, Germany-based payments consultancy and supplier, to launch a joint payments initiative for banks and financial institutions in Europe. Many banks are currently facing major challenges in payments processing, driven by recent and ongoing market changes, such as the implementation of PSD2, SEPA ISO migration, TARGET2 and SWIFT ISO20022 migration, while also responding to national payments infrastructure changes and the emergence of new protocols, such as EBICS. There is also increasing market demand for Request to Pay and SEPA IP via TIPS, which are on the horizon although not yet mandatory.

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In fast-paced services industries, savvy CFOs are tracking numerous key metrics like net income, current ratios, working capital, cash balance, DSO, gross margins, and more. But the one metric that may matter more than any other for long-term growth for professional services firms: project profitability. The nature of the “proje

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