Actrade Financial Technologies, a provider of financing, payment and processing solutions, has terminated the operations of Actrade Resources, Inc, one of its foreign subsidiaries. Nonetheless, Actrade says it remains ‘committed’ to growing its domestic ETAD business, its international E-DRAFT Program, and the payment processing technology of its newly formed subsidiary, E-TAD Clearing Center, Inc. The company said that the revenue derived from Resources was unlikely to be repeated in subsequent quarters and management is now evaluating its alternatives regarding the future direction of the former Resources business. Chief Executive Officer and President, Alexander C. Stonkus, commented, ‘There is still tremendous opportunity that we see in both the domestic and international arena for the expansion of our products.’
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