vice president, product management, AvantGard Payment Services, SunGard’s corporate liquidity business
Contributor: Matthew Dragiff
The Remittance Coalition held its second workshop last week, just prior to the start of the Association of Financial Professionals (AFP) annual conference in Boston. The workshops are designed to better understand the barriers to the automated reconciliation of payment transactions with remittance data. The participants included representatives from financial institutions, software vendors, corporate treasury practitioners, payment services providers and standards developers as well as standards groups including X9, X12, Federal Reserve, SWIFT, OAGi, IFX, GS/1, NACHA and ISO. During this meeting it was emphasized that the Remittance Coalition is not a new standards body. The Coalition consists of parties (including existing standards groups) who are interested in understanding and addressing remittance problems. Key to this is ongoing input from corporate end users to understand their problems and develop effective solutions.... read more
vp, treasury solutions, AvantGard, SunGard's corporate liquidity business
Contributor: Michael Bosacco
Electronic bank account management (eBAM) , an automated approach to the opening, closing and management of bank accounts seems simple, right? So simple in fact, that when the idea was first introduced a few years ago, corporates were just clamoring for the technology. But, was it a pipe dream? Or just the wrong timing? Why didn’t it gain the traction first expected? And why is there all the hype again?
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SVP enterprise payments, SunGard’s corporate liquidity business
Contributor: Andrew Owens
In the corporate payments space there are acronyms or phrases that we hear again and again. SWIFT, eBAM, ISO20022, SEPA, and SCORE are some obvious examples and another that has muscled in over the last year is CGI, which stands for Common Global Implementation.
So just what is CGI and why should you be interested? Well, certainly if you work for a global corporate that’s multi-banked, dealing with multiple payment types across different geographies, CGI is an interesting proposition.... read more
product director, SunGard’s corporate liquidity business
Contributor: Luc Belpaire
3SKey is a service offered by SWIFT to banks and their corporate customers. The service provides banks with a mechanism to authenticate files coming from their corporate customers via electronic banking channels. It also enables banks to validate that the sent files are signed by the authorized individual(s).... read more
Contributor: Kurt Vandebroek
With the introduction of such initiatives as the SCORE (Standardized Corporate Environment) framework, the last couple of years has brought about a surge of interest and adoption of SWIFT by many corporations in Europe, the Americas and Asia alike. ... read more