Bank of America Global Treasury Services (GTS) has developed a remote deposit service for electronically clearing and settling checks. The service will provide its US clients with the ability to convert checks in their offices to ACH, based on ARC rules where eligible, and also use image-based technology to truncate remaining checks for electronic processing. The solution incorporates remote capture, decisioning and processing – including the creation of substitute checks/image replacement documents (IRDs), for electronic check processing, clearing and settlement.
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