London-headquartered Persia International Bank has recently implemented IBSnet, Surecomp’s Window-based, Swift Ready Gold accredited trade finance product for use in the bank’s new Dubai branch. Persia International Bank was established in April 2002 following the merger of the London branches of Iranian-headquartered Bank Mellat and Bank Tejarat, both banks having had a successful record in London and other international financial markets stretching over 30 years. Announcing that Persia International Bank PLC had implemented IBSnet in their Dubai branch, Zargham Ashtari, the bank’s executive director and chief operating officer, said: “We see the opening of the Dubai branch as a timely expansion of our services and a further commitment to our London-based customers to meet their developing needs. The Dubai branch will offer our full range of corporate banking services including trade finance. Having successful used the IBSnet trade finance system for the last couple of years it was only natural that we extend the use of the IBSnet to the bank’s Dubai branch.”
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