IATA provides a worldwide network of airline industry distribution and financial services, serving a community of over 400 airlines and 100,000 combined passenger and cargo agents in 145 countries. In 2000, IATA managed global invoicing and settlements of sales proceeds in 85 currencies with a combined value of USD 147 billion. IATA is rolling out an initiative to provide integrated distribution and financial services. The Internet-based solution allows a trading community of companies and banks to exchange transactional information and services, thereby integrating these into their financial supply chain work flows, encompassing key capabilities such as cash and liquidity management, reconciliation, payment settlement and clearing, netting, forecasting, online reporting and monitoring.
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