Citi has issued a corporate Chip and PIN card designed for US corporate cardholders travelling abroad. The compliant smart cards, which include an embedded microprocessor, were developed in direct response to clients’ needs to use their US commercial cards while travelling to regions where merchants are more familiar with chip cards and for use at un-manned kiosks where an agent is not always available to run the transaction through a point-of-sale (POS) device.
There are now over one billion chip card users (both consumer and commercial) outside the US, with chip cards the dominant technology in many parts of the world. The new technology will be rolled out to US clients in a phased approach beginning this month.
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