alterna Technologies Group Inc. announced that it will participate with Cisco Systems, Inc. and Bank of America in a joint initiative using common open standards of Internet-based connectivity. The objective of the initiative is to improve the communication of key financial information between banks and their corporate clients through open standards, the use of Auros, and the Internet. The first phase of the project focuses on the communication of balance and transaction reporting and the transmission of payment information. Communication occurs over the Internet using EDIFACT and X.12 standards and non-proprietary security and authentication mechanisms. Other open standards will also be evaluated and implemented as appropriate.
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