Wachovia Bank now offers browser-based Letter of Credit and Documentary Collection services through a secure extranet. Global Trade-LC allows importers to create letters of credit using customised templates and offers more than 20 standard reports to monitor import activity and electronically resolve discrepancies in documents. Global Trade-DC allows exporters to prepare and present open account, documentary collections and letter of credit cover letters directly to the buyers’ banks. Cover letter details can be entered quickly using ‘fill-in-the-blank’ screens and multiple databases can be accessed for all parties, currencies, countries and text clauses.
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