Xign Corporation has received an equity investment for an undisclosed sum from MasterCard International. The funds from the MasterCard investment will be primarily used to expand Xign sales, operations, and research and development activities, and to enhance MasterCard’s initiatives tied to the MasterCard Corporate Purchasing Card and the MasterCard e-P3 electronic payment and information management service. In a separate agreement Williams, an integrated natural gas company, has selected Xign to automate its Order to Pay processes. The Xign Order to Pay service is designed to eliminate paper and data entry and lower costs for the settlement of business transactions. In the first phase of the Xign deployment, the focus will be on increasing the volume of electronic transactions to reduce invoice-processing costs for Williams.
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