German insurance group Barmenia has selected CoCoNet’s e-banking solution, Multiversa International Finance Portal (IFP), for the secure processing of the company-wide payment transactions. Barmenia chose CoCoNet because Multiversa IFP complies with Barmenia’s demand for strong audit and revision security. The system combines proven traceability with a strong authorisation concept.
Multiversa IFP’s automated connectivity with both SAP and non-SAP enterprise resource planning (ERP) systems, together with the support of the latest single euro payments area (SEPA) format rulebooks, was another reason Barmenia chose the e-banking portal.
Barmenia also set a high value on an easy installation, recognised maintenance and a quick implementation, which took only two weeks from commissioning to initial operation. The quick implementation was possible thanks to an optimal test phase and a ‘soft migration’ in which the new system supported both File Transfer Access and Management (FTAM) and Electronic Banking Internet Communication Standard (EBICS).
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