Surecomp and Financial Objects have announced a joint marketing agreement which will see Financial Objects license and install two Surecomp trade finance solutions – IBSnet and NetIMEX – as part of its activebank system. activebank’s new trade finance module will incorporate the tools necessary for processing trade finance transactions, including import, export and standby letters of credit, collections, payments, guarantees, steamship indemnities, air releases and all methods of financing. Like existing activebank modules, the trade finance solution is built on component-based technology, enabling rapid enhancement and modification, according to Surecomp. The application also provides customers with remote access to trade finance operations. Users can initiate trade finance transactions, receive information from the bank, provide instructions for existing transactions and conduct a range of online enquiries around the world, said Surecomp.
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