JPMorgan Treasury Services (TS) has launched an Internet-based payables discounting service for corporate clients. JPMorgan’s payables discounting programme will provide buyers and suppliers with a mechanism to access enhanced value from supply chain financing. The organisation has also announced an enhancement to its Image Lockbox Cost/Benefit Calculator, a consultative tool that allows clients to estimate the specific benefits of moving to image lockbox services. The calculator now takes customers through a series of questions related to their paper accounts receivables operation, and with the help of a sales officer, highlights the net savings they would receive should they convert to the Nationwide Image Lockbox Network. Separately, JPMorgan TS has developed an end-to-end Accounts Receivables Conversion (ARC) solution with Regulus, a document and remittance processing company. This solution draws upon Regulus’ experience in lockbox services and transaction processing, and according to the organisation, offers clients a comprehensive solution to handle ARC processing.
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