Nordea and Microsoft have announced an agreement to work together to speed up the implementation of internet-based payment standards for corporate customers across the EMEA region. The two partners are developing an Identrus-backed internet payment infrastructure that will enable corporates to support new XML-based standards such as SWIFT ISO 15022. Under the agreement, Microsoft will implement a banking interface for businesses seeking a solution for international payments, over open internet, that will automatically translate different messaging formats and standards. The payment solution covers the entire business-to-business value chain, from pre-trade to settlement, and automatically routes messages concerning financial transactions to the relevant banks. The solution incorporates Identrus PKI security as well as SWIFT TrustAct internet-based messaging and payments infrastructure.
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