Voca, and LINK Interchange Network, the real time payments processor that powers the UK’s ATM network, have jointly been selected by APACS to supply the central infrastructure for faster payments in the UK. APACS set up an implementation group which has been developing the specification for faster payments in response to the Office of Fair Trading Payments Systems Task Force. According to the companies the new service will increase the speed of credit transfer from one account to another – providing a platform capable of delivering payment processing in near ‘real-time’, vastly reducing traditional clearing cycles of days. The new service will be delivered in 2007.
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