Fundtech Ltd., a provider of global electronic payments, settlement and cash management solutions, announced that three of their solutions – PAYplus for CLS(TM), PAYplus USA(TM) and SICigt(TM) – were part of the live, end-to-end trials for CLS Bank International. These trials represent a milestone step towards making the CLS service available to the foreign exchange market. ‘The end-to-end trials with real instructions for payment is a significant event for CLS, its shareholder banks, and Fundtech,’ said Joseph Mazzetti, Executive Vice President. ‘Fundtech has committed significant resources to the success of CLS and we are providing our solution to a total of 18 banks. The success of these trials marks a major milestone in the development and readiness of PAYplus for CLS.’
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