The service will make pooling available across Euro and National Currency Unit denominated accounts, in the UK, France, Germany, Belgium and the Netherlands. Pooling is a notional concentration of debit and credit balances aimed at achieving interest savings or yield enhancement across a group of accounts. Cross-border pooling reduces the volatility of day-to-day cash management, requiring no physical movement of funds and maintaining account integrity at currency, country and corporate operating entity level.
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