With the introduction of the single euro payments area (SEPA) on 28 January, Deutsche Bank will make its first SEPA payments to each of the 15 countries within the eurozone. To commemorate the start of the initiative, the bank will make its first SEPA payments to charities within the existing 15 eurozone countries, donating €2801 to each – representing the date of the launch. Commenting on the bank’s approach, Werner Steinmueller, head of global transaction banking, said, “The introduction of SEPA is one of the most important transaction banking industry projects within the last decade and will fundamentally change the euro payments landscape.” He added, “For corporates, our objective is to make the long-term opportunities of SEPA an immediate reality for clients who benefit from lower transaction costs and a smooth migration.”
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