BT has awarded Barclays the cash management mandate for all its UK Group operations. The mandate, which will see Barclays managing the electronic payments of BT’s 20 million UK customers, represents one of the largest domestic UK cash management deals ever awarded. Barclays will become responsible for all areas of payments and collections, liquidity management, electronic reporting and systems integration for the whole of BT’s UK Group. According to the bank, the mandate for five years means that BT will become the largest submitter of BACS payments in the Barclays group. BT will utilise Barclays’ suite of payment and cash management solutions, and access the combined expertise of Barclays’ multinational corporate and international trade and cash teams.
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