The Interactive Financial eXchange (IFX) Forum, part of the International Standards Team Harmonisation (ISTH) initiative, is to include support for the initiative’s XML core payment kernel for corporate-to-bank payment initiation and status messages in the next version of the IFX specification. The IFX architecture committee is now reviewing – and expects to adopt – two variations of direct support for the payment kernel as early as late summer 2004. In one case, IFX payment messages may include a ‘wrapper’ that can include the payment kernel data in a form that can be passed directly to other systems unaltered, said IFX. In the second case, the same data will be represented, or mapped, in terms familiar to users of the current IFX standards. In both cases the key IFX characteristics of predictability and extensibility will be maintained, it 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