Eiger Systems, a supplier of bank validation applications and data, has announced that Egg with be its first client for BANK WIZARD International. The platform will be used by Egg to automatically validate the bank, branch and account data input by customers setting up direct debits on their accounts. At the same time, Eiger Systems announced the release of three new modules for BANK WIZARD International supporting Spain, Netherlands and Portugal. This extends the coverage of BANK WIZARD International beyond the initial release for Germany, France, Belgium and Italy. Comprising a software application and a regularly updated database of bank details, BANK WIZARD International validates sort codes and account numbers, taking into account all the complexities of the different formats, rules, and modulus checking required for each different country. In addition, BANK WIZARD International validates account numbers input in the International Bank Account Number (IBAN) format.
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