Forbis Company has made its payment system, BIS FORPOST, single euro payments area (SEPA) -compliant to allow its existing and future clients to integrate into the EU payments system.
The implementation of SEPA means that new EU countries join the euro, it will not be necessary quickly to modify local payment systems, because the stipulated settlements will be performed in the SEPA format. The SEPA payment servicing tools allow the banks’ customers to make payments in euros more easily. The fees for SEPA payments may be lower than those of standard SWIFT payments.
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