Pantellos, a leading supply chain services company for the utility industry, has agreed a new partnership deal with Xign Corporation. The agreement will pave the way for a new electronic invoice and payment service designed to help utilities automate financial settlement with suppliers. Based upon Xign’s ePayables solution, the new Pantellos eSettlement Network aims to lower payables processing costs, improve utilities’ ability to negotiate and capture supplier discounts, and strengthen supplier relationships. According to industry estimates, the cost of business-to-business financial settlement-including invoice receipt, invoice approval and processing, payment, remittance, reconciliation and dispute resolution-ranges from $40-$60 per transaction.
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