VocaLink has opened its European centre in the World Trade Center, Amsterdam, in response to its growing customer base in the Benelux region. The company says that the new Dutch centre underpins its commitment to supporting clients in their local markets, while recognising that payment systems must provide international capability.
VocaLink, which already processes more than 15% of the total volume of European payments, has invested in the development of a euro clearing and settlement mechanism (CSM), designed to meet the requirements of its customers by facilitating the processing of both domestic euro and single euro payments area (SEPA) pan-European payments. With the imminent introduction of SEPA Direct Debit (SDD) in November 2009, VocaLink can provide reach to any bank across Europe and its value-added services such as payments capture and mandate management have been developed to meet customer needs.
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