FES is the managed service that allows organisations to process and route electronic payment instructions to their domestic and international banking partners. By adopting the FES Remittance Advice Delivery Service, banks can offer the service, branded as their own, to their corporate customers as an extension of their existing payment facilities and cash management offerings. The managed service will allow customers to outsource all their remittance document delivery directly to their bank. The FES Remittance Advice Delivery Service enables companies who make large numbers of international and domestic supplier payments to eliminate traditional postal and fax remittance distribution. Burns also announced the launch of Burns Business Exchange (beX) Remittance Advice Delivery Service, making the managed service available directly to corporate clients of Burns.
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