Casio Computer Company has started Japan’s first letter of credit (LC)-based exporting e-trade services on Bolero. Initially focused on the export LC transaction, this involves a number of trade documents including the bill of lading that utilises Bolero’s title registry capability. This trade chain covers goods shipped direct from Hong Kong to Korea. Bolero claims that its Title Registry service enhances the credibility and safety of document exchange over the Internet, so Casio would be able to receive the bill of lading securely. Using Bolero for this e-trade service, the time to collect goods could be reduced by up to nine days. As a direct consequence, the Korean importer no longer needs to issue a letter of guarantee.
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