Accuity has added PAYScreen to its line of payment solutions, in an attempt to help organisations increase payment straight through processing (STP) rates, without adding extra personnel. The service repairs an organisation’s payment files by validating existing payment instructions, correcting any invalid payment instructions and highlighting any records that require further research and review. The service is designed to provide organisations with a ‘cleansed’ file that can be used to update their internal databases and payment processes. The validated and/or repaired data includes such information as bank name, address, country, assigned SWIFT/BIC, routing SWIFT/BIC used for IBAN processing, generated or validated IBAN and, in the case of error, an applicable text message.
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