Bank One has given firm commitment to become the first private label partner of the newly formed Burns / Royal Bank of Canada joint venture company Financial Exchange Services Ltd. Bank One will use the service to facilitate the straight through processing of ACH payments using a combination of SWIFT, EDIFACT, ANSI and other message formats. The first phase will provide delivery into the ACH systems of North America and Europe using the IBOS consortium of banks of which Bank One is a member. Future phases will build on this platform, extending coverage to other countries to provide a Global solution.
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