Electronic payments specialist Xign Corporation’s Xign Payment Services Network (XPSN) has been revised to support smart card usage with digital signatures and biometric authentication. Digital certificates combined with digital signatures generated using a private key are commonly used to authenticate the originator of an electronic transaction, and ensure that the transaction is not changed on its way to the receiver. These security tools allow people and organizations to electronically certify such features as their identity, their ability to pay, or the authenticity of an electronic document, added the corporation. The XPSN automates the core functions of the accounts payable process, including invoice receipt, validation, routing, dispute management, approval and payment. The system also eliminates paper and data entry, delivers immediate visibility into liabilities, provides vendor self-service and allows control of cash disbursements, said Xign.
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