China Pay has signed an agent agreement with Travelex under which Travelex Money Transfer (TMT) will be the first money transfer company to offer payments from overseas directly to individual bank card accounts in China. This service will be available to all 500 million cardholders of China Pay’s member banks. Travelex also launched fxpaynet, an online foreign exchange payment platform designed to simplify the management of global payments and currency exposures for corporates and financial institutions. Customers using fxpaynet will be able to manage their currency exposure by booking forward and drawing down on forwards online, said Travelex. fxpaynet will be made available to third party banks around the world as a private-labelled solution.
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