Eiger Systems has developed a module of its software for validation of bank account details for use in the Republic of Ireland. The software, called Bank Wizard is used by direct debit and direct credit originators in the UK, France, Germany, Italy, Belgium, The Netherlands, Spain and Portugal. The Irish software is an additional country module providing users with the ability to validate bank details for bank accounts that use either the IRECC (Irish Retail Electronic Payments Clearing Company) or IRIS (Irish Real-time Interbank Settlement Company) payment systems. The Software complies with the new modulus validation rules that came into effect on 1 May 2005 with the introduction of Paperless Direct Debit (PDD).
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