LogicaCMG has joined forces with Sterling Commerce to create an EBA Connection solution enabling financial institutions to maximise opportunities created in the Eurozone as a result of the Euro Banking Association’s deployment of EBA STEP2. EBA STEP2 is a pan-European automated clearing house for high-volume, low-value transactions and bulk payments. STEP2 distributes payment instructions to any bank operating in the European Union by routing files through a central infrastructure. The automated process reduces the customer payment processing costs that continue to increase as new regulations on cross-border payments come into force in Europe. The EBA Connection – designed by LogicaCMG and powered by Sterling Commerce’s Sterling Integrator – provides end-to-end integration of the EBA STEP2 business process between the bank and the clearing system.
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