The New York Clearing House has published a market research study that investigates the barriers to electronic payments across large, medium and small companies. The study included quantitative interviews and qualitative focus groups. Findings show that there are five key barriers and that ‘straight-through processing’ is essential to migrating businesses from paper checks to electronic payments. The research was conducted to determine the specific factors preventing businesses from sending and receiving electronic payments and is part of an initiative aimed at finding ways to make executing electronic payments as easy as paying by check. The survey of one hundred fifty-five companies targeted treasurers and other financial professionals in charge of the payments area within their companies. It was followed by nine focus groups of executives and senior managers responsible for company finances and accounts payable/receivable.
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