Ceskoslovenska obchodni banka (CSOB) of the Czech Republic has joined IBOS, the international banking alliance, as an associate member under the sponsorship of its majority owner, KBC Bank. ‘The Czech Republic is one of the foremost industrial areas amongst the EU accession countries’, said Bob Lyddon, Coordinator of the IBOS Central Office in London. ‘CSOB is a major bank [in the country] and the blend of strong on-the-ground coverage and capabilities, together with participation in the IBOS cross-border services, is the ideal structure from which to deliver solutions for both accounts payable/receivable and treasury.’ ‘The IBOS expansion strategy is to replicate this in the main countries of Central and Eastern Europe in 2004, as well as to increase the market penetration of the IBOS service in the set of countries where the main users are headquartered,’ he added.
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