Clear2Pay has signed a contract with Norwegian bank DnB NOR. The bank’s cash management department will deploy Clear2Pay’s Bank Payment Hub product and will allow corporate customers to increase bulk payment volumes, STP and transparency. The contract will allow Clear2Pay to expand its presence in Scandinavia. The system will allow the bank’s customers to send one single bulk file with payments to be executed from all Nordic branches. The system will identify and validate payments according to (local) rules and regulations and convert files to formats defined by the bank. Acknowledgements, deviation reports, credit/debit advices and statements of account covering all Nordic countries will be delivered to the customer in one or multiple formats according to customer agreement and frequency.
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