Ten of the world’s largest financial institutions have launched a trial of secure smartcard technology, and aim to roll-out the service to five million companies worldwide early next year. Identrus, a global alliance including Barclays, Chase Manhattan, Citigroup and Deutsche Bank, is trialling a secure business-to-business payment system based on De La Rue’s AuthentIC smartcards, and software from iD2 Technologies. Identrus is developing a global network based on PKI (Public Key Infrastructure) which will allow up to 300 smaller banks to offer secure business services to their corporate clients. Identrus will act as a guarantor for the integrity of the service. During the trial, two of Identrus’ member banks will test the software and smartcards for interoperability and reliability. If successful, Identrus hopes to start rolling-out the system in early 2000.
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