ICM’s middleware solution for S.W.I.F.T. network messaging provides payment processing for state’s financial services centres. The U.S. State Department has chosen ICM’s MQuest™ network messaging platform to process U.S. and international payments from State’s financial services offices in North America and Asia to employees’ and other creditors’ banks. The system is currently installed and awaiting user testing. MQuest will enable the State Department to send ICM-converted S.W.I.F.T. messages from its U.S. and Asian regional offices through the Federal Reserve Bank of New York to overseas banks with payment authorization instructions for its employees’ and other creditors’ accounts. Banks will be able to return post-transaction statements to the State Department regional facilities through same network interfaces.
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