Italian banks have confirmed their intention to progressively migrate domestic payments traffic to the STEP 2 system, according to the EBA Clearing Company. A specific working group within ABI, the Italian Banking Association, has been created in the aim to explore the possible way(s) for the migration and to facilitate discussion with the whole Italian banking community. Eight hundred banks have joined the EBA Clearing Company’s pan-European automated clearing house (ACH) STEP2 as indirect participants. In addition, STEP2 also has 31 direct participants on board and another 18 banks due to join the platform in November.
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