The release of FXWeb, the most comprehensive bank-independent FX payment system designed for the Internet, allows corporate treasurers in the US and Canada to receive wholesale foreign exchange rates on international currency payments, rather than the retail rates normally received. FXWeb brings to the Internet the comprehensive functionality and ease of use of Sonnet FX®, its flagship Windows®-based service for corporations. By aggregating trades each day from hundreds of companies using its service, Sonnet is able to negotiate the interbank or wholesale rate for its clients on more than 100 currencies. With FXWeb, users are not required to establish any new bank accounts or banking relationships, and may move funds or make payments from their accounts worldwide through a single easy-to-use interface, giving them unified management and reporting of worldwide payments and collection activity.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more