Barclays has launched a supplier finance service aimed at corporate customers and their suppliers. The Barclays Supplier Finance Service solution is designed to allow both parties in a commercial transaction to manage working capital requirements and business processes associated with the supply chain more effectively. The proposition provides a platform upon which buyers can better manage payment terms and enhance their days payables outstanding (DPO), while suppliers will benefit from an accelerated payment option, offering a discounted early settlement of their trade receivables, reducing their days sales outstanding (DSO). Both parties will be able to access the facility via a secure web interface.
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