A joint venture between BACS and CheckFree will develop and promote the adoption of online bill viewing and payment services provided by UK high street banks. The joint venture will link billers and banks together to deliver electronic bills and statements to consumers throughout the UK. Martin Kearsley, managing director of the new company, said: ‘We are offering consumers in the UK the opportunity to view and pay their bills through their existing online bank – a single, regularly used, highly secure site – for the first time. No need to remember multiple passwords for each biller site, no need to write cheques, no need to miss a payment. There are significant business advantages for billers and banks to adopt the service, and I believe it will change the way consumers will manage their money.’ Recent research found that over 7 million UK adults regularly bank online, while 3 million of those claim to already view and pay some bills online.
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