The Weiland Financial Group’s (WFG) BRMEdge outsourced solution has been chosen as the bank-fee monitoring system for the United States Postal Service (USPS). The solution is required to track bank fees from approximately 37,000 postal installations and many bank accounts across the US. In fiscal year 2006, USPS paid approximately US$30m to process cash and checks. The solution will be implemented, managed, and maintained by WFG. Billing errors are identified for field deposits, payroll-controlled disbursement, and lockbox. Using the solution, USPS financial analysts across the US can download user-friendly reports with information organized around USPS’s structure, as well as the bank, account, and service level. Reports are available online and come in several common formats.
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