EBA Clearing and Iberpay have reported a successful start of the link between Iberpay and the single euro payments area (SEPA) Credit Transfer (SCT) Service on the STEP2 platform. Over 1,500 SCTs with a total value of €7m are being exchanged daily via the platform link since the launch of the SCT scheme on 28th January 2008. The Iberpay-Step2 link allows Iberpay users to benefit from EBA Clearing’s position as a pan-European ACH (PE-ACH) for SEPA payments in 31 European countries. Conversely, the link supports the reach of Step2 in Spain. So far, EBA Clearing has established interoperability between Step2 and local platforms in 12 SEPA countries.
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