Italian financial IT provider SIA has launched an automated clearing house system for processing retail payments – SIA-ACH. SIA developed and currently manages the Bank of Italy’s ACH and EBA-STEP2, the pan-European Clearing House for retail payments in Euros, commissioned by the Euro Banking Association. SIA-ACH offers an innovative proprietary platform, designed to enhance central banks’ and ACH associations’ return over investments and guarantee efficiency and security, reducing risks. The modular structure allows SIA-ACH to be deployed in a reduced and cost-effective environment, or alternatively in an extended and high performance computing environment. Indeed, unlike traditional ACH services, a customised ACH solution can be promptly and easily shaped: a set of additional modules, each one focusing on a major functionality, is available to be quickly linked to the basic platform and to the needs of the central bank.
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