VocaLink and Equens have implemented a bilateral link for the exchange of SEPA payments. This is a step in the implementation of the European Automated Clearing House Association (EACHA) framework announced in October 2007 to help establish interoperability between banks and European Clearing & Settlement Mechanisms (CSMs). The arrangement is designed to support both companies’ SEPA offering while helping to create a more competitive market by allowing banks to choose the payments processor or processors that best meet their needs. As both CSMs have more than one settlement cycle per day, customers of VocaLink and Equens will be able to make payments on a same day basis.
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