LaSalle Bank Corporation, based in Chicago, will implement Open Scan Technologies’ lockbox module to optimize processing of wholesale exception payments. Open Scan Technologies, a provider of exception automation software, along with business partner, Cash Management Systems, will allow LaSalle Bank’s customers to create a more efficient cash management environment, according to the companies. “Open Scan’s technology allows LaSalle Bank to integrate exception automation within our existing wholesale lockbox processing environment,” said Matt Boatman, senior vice president of receivables management at LaSalle Bank. “The Open Scan lockbox solution helps reduce the manual keystroke time of many of LaSalle’s wholesale jobs, therefore opening the door for enhanced client servicing and product offerings,” said Nadine Lange, president and CEO of Open Scan.
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