HSBC is joining the IdenTrust network to provide a global and interoperable identity solution for a select set of key corporate customers. HSBC will leverage the IdenTrust framework to enable its customers to digitally sign payment files at the user-level, as a way to provide secure, non-repudiable and legally binding instructions to the bank. IdenTrust says this approach simplifies the authentication process and streamlines the customer experience, since only one identity per user is needed to interact with all of a customer’s banks. HSBC is undertaking a series of customer implementations to demonstrate the scalability, interoperability and non-repudiation of user-level signing for corporate-to-bank and bank-to-corporate communications. Also, IdenTrust and HSBC are working together to identify additional opportunities across the bank where high-assurance identities can benefit customers, such as streamlining bank account management processes and trade finance services.
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