Citigroup Global Transaction Services and Transaktionsinstitut für Zahlungsverkehrsdienstleistungen AG (Transaktionsinstitut) have agreed on a strategic partnership. Citigroup will process its German national payments through Transaktionsinstitut from late summer 2005 onwards. The migration has begun in April 2005 and will be completed during the course of the third quarter 2005. Michael Steinbach, ceo of Transaktionsinstitut, said: “This strategic cooperation with the world’s largest financial institution emphasises our market position and our ability to deliver. This is a further important step for Transaktionsinstitut in positioning itself as a leading payment service provider operating in Germany and Europe and across banking sectors.” Both institutions have firmly expressed their wish to extend their cooperation in the future.
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