Logica has deployed its retail payments solution, the Logica All Payments Solution (LAPS) High Volume. The deployment supports over 10 countries and multiple clearing and settlement mechanisms (including Equens for domestic NL payments, SEPA via the EBA, and a range of bilateral agreements) in a single instance. The deployment went live on day one of SEPA and the company says that it has been running smoothly since then. EBA Clearing has certified the solution for support of the EBA’s STEP2 SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) services. Logica says that solution can process up to 480 million payments within 24 hours and that it needed only eight hours to process 160 million transactions at a sustained rate of 5,555 transactions per second.
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