Spain’s CECA (Confederacion Española del Cajas de Ahorros) and Citigroup have reached agreement for the private label processing of CECA’s Asian letters of credit by Citigroup’s Asian operations. Under the deal, Citigroup will provide processing services to CECA and also to those other members of the Spanish Confederation of Savings Banks who elect to join this program. Roberto Aleu Sanchez, Head of Capital Markets, Products and Services for CECA said: “We are pleased to be working with Citigroup as our partner. Citigroup proposed a tailored solution to handling our Asian trade business which will clearly meet CECA’s requirements.”
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