WestLB AG and ClickandBuy have launched the first Europe-wide pilot project on the future Single Euro Payments Area (SEPA). Under the model project, WestLB and ClickandBuy will simplify European payments settlement at an early stage. The aim is to significantly reduce the administrative costs of companies operating throughout Europe. “ClickandBuy operates in all European countries. For each country the company has to take into account a wide range of technical requirements and the legal framework, which is expensive and ties up resources. We will change this, and we will jointly introduce the new payment formats”, says Steffen Kowalski, Head of Transaction Services at WestLB and a member of the European Payments Council.
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