Deutsche Bank has announced that its cross-currency payments solution, FX4Cash, has been selected, piloted and launched by China CITIC Bank. This means that, through one base currency account, China CITIC Bank should be able to make payments in more than 75 local currencies via wire, check and automated clearing house (ACH). The solution combines Deutsche Bank’s market share in global foreign exchange (FX) with its global cash management position to provide global cross-currency payment solutions for corporate and financial institutions. Seamless access is offered via SWIFT, Internet and host-to-host solutions.
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