CLS Bank International (CLS Bank) is to settle payment instructions in four new currencies, bringing the number of currencies eligible for settlements to eleven. Following regulatory approval, the Danish Krone, Norwegian Krone, Singapore Dollar and Swedish Krona have been designated as CLS Bank eligible currencies by the CLS Bank Board of Directors. A total of 54 institutions are now settling payment instructions associated with foreign exchange trades through CLS Bank as Settlement Members, with approximately 70 additional institutions also settling transactions in CLS Bank as Settlement Member customers.
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