Clarins is a leader in top-of-the-range beauty products in Europe, with 16 distribution subsidiaries in 150 countries, over 4000 employees and over 4 billion FRF in turnover. Clarins now benefits from a new system for centralizing and protecting financial flows. Internally, Clarins will enjoy a secure supplier and salary payment system, file backups, signature stations, and administrative savings on paper processing. Externally, Clarins’ banks and suppliers will enjoy minimized financial risks as a result of electronic communication, supplier payments tracking, secure payment methods, and the specialization of payment instruments. The implemented architecture is based on a secure centralized database. At any time, Clarins’ Financial Division can electronically and securely validate payments with a laptop computer.
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