Joe Teves, Manager of Disbursement Products at the Royal Bank of Canada, was elected Chair of the Worldwide Automated Transaction Clearing House’s (WATCH) Steering Committee. WATCH is a new international electronic payments organization that is developing a low-cost, cross-border electronic payments system based on Internet Protocol. Business requirements, specifications and organization governance are being developed in the current Phase I of the project, Phase II will entail the establishment of the corporate identity, the release of a Request for Proposal and the selection of a company to develop and run WATCH. Taylor also announced that 10 additional financial institutions had joined the effort, bringing the total to 38 institutions from 13 countries. Some of the new members include: BACS from the United Kingdom, Commonwealth Bank of Australia, Commerzbank AG and Hypo Vereinsbank from Germany, Citibank.
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