US bank Wachovia’s Treasury Services Division has introduced a PC-based Online Payables service. The solution will enable Wachovia customers to manage the payment process via a secure Web site, eliminating the need for pre-printed check stock and reducing expenses related to printing and sorting equipment, according to the bank. The solution accepts multiple file formats and integrates with a company’s pre-existing accounting software applications. Payment files are generated through the customer’s accounting software and then uploaded to the Online Payables application. The details of the file can then be viewed and processing decisions made.
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