Citi has announced the launch of Citibank® Paylink for Cards, an end-to-end electronic payment solution for corporations, financial institutions and public sector clients, that combines the capabilities and benefits of a purchasing card with the control and consistency of a traditional electronic payment process. Developed by Citi’s Global Transaction Services business in partnership with MasterCard, Citibank Paylink for Cards integrates a purchasing card into a client’s accounts payable system giving the client the ability to streamline their vendor payments. According to the Aite Group, procure-to-pay, also known as ‘source-to-settle’ and ‘order-to-cash’, is moving towards reality with this offering by Citigroup. The greatest benefit is to buyers/payers. With a single payments file, payers are able to initiate payments to multiple payment methods, including check, ACH, wire transfer and purchasing card.
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