Deutsche Bank’s Global Cash Management division has launch a web-based European lockbox service for domestic and cross-border cheques, called db-lockbox. The service is already available in Germany to Deutsche’s medium-sized and large retail and wholesale corporate customers, and will be introduced in the United Kingdom and France in the fourth quarter of 2002. db-lockbox takes care of incoming cheque processing by providing a decentralised cheque remittance, collections and document management solution. Deutsche also announced a new capability that allows the direct acceptance of payment and collection instructions generated from SAP R/3 in the generic outbound IDOC PEXR2001 format. This capability is being rolled-out in 15 countries across Europe and enables SAP R/3 customers to send IDOCformatted payment and collection instructions directly to Deutsche Bank’s db-worldPAS processing service.
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