China Merchants Bank (CMB), the first Chinese bank to establish a branch in the US, is now using Chips, the real-time, large-dollar payments system operated by The Clearing House Payments Company (CHPC). CMB is the third international bank to connect to CHIPS in the past year.
“China Merchants Bank is linking to CHIPS because of its proven capability to clear and settle payments quickly, securely and at low cost,” said Hui Fang, general manager of CMB’s New York Branch. “CHIPS enables CMB to meet the growing international needs of its customers.”
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