Citi markets and banking has acquired Ecount. Ecount’s corporate prepaid card solutions products will be integrated into Citi’s global transaction services business. Ecount has provided customized prepaid card solutions for payments delivery, including compensation and promotions. Established in 1997, the company serves a base of more than 1,200 corporate clients across North America. Citi hopes that this acquisition strengthens its position in global payments in the US, and could enable the launch of similar stored value card solutions worldwide. The prepaid card market is experiencing high growth, and is currently estimated at more than US$2 trillion worldwide, as corporations and consumers continue to move from paper checks to electronic-based payment methods.
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