IATA, the International Air Transport Association, has launched a new service, TREASURYLink to improve settlement systems in the airline sector. IATA said it would ‘provide scope for internal efficiencies through better access and control of settlement information between the DPCs and clearing banks’ as well as assisting in the reconciliation of hinge account activity. IATA TREASURYlink was successfully launched in the first pilot site in Singapore on 1 April, with the first payment made through the system to the airlines on 8 April 2002. The launch of IATA TREASURYlink in Australia is now planned by the end of June. IATA is working closely with alterna Technologies and Citibank to ensure the smooth implementation of this valuable tool that will provide robust functionality in the area of Treasury.
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