In an attempt to improve the speed with which funds are collected, KeyBank has launched KeyPay, to allow clients to accept payments through the Internet and streamline their approach to managing the receivables process. According to Samuel Robb, e-Payments product manager, Global Treasury Management at KeyBank, clients have repeatedly asked for solutions to shorten their payment cycle and lower costs. ‘KeyPay will go a long way toward taking a large chunk out of the costs associated with paper payments,’ he said. Separately, KeyBank has selected CheckFreee Corporation to enable paper checks received at its lockbox or its clients’ receivable location to be converted into ACH transactions.
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