KYC Exchange Net signs more bank members
by Kylene Casanova
The competition is on between the KYC exchanges to sign banks, but will corporates accept these services?
electronic Bank Account Management
Background
Most medium to large companies use an average of six cash management banks, within this average about 30% use 6 or fewer, 40% use 7-20, and 30% use 21 or more. The number of bank accounts managed…
Read moreNew KYC Service from Genpact and Markit
by Kylene Casanova
Citi, Deutsche Bank, HSBC and Morgan Stanley work with Markit | Genpact to create new service to centralise client on-boarding and KYC data management
The recipe for successful Bank Account Management and eBAM
by Kylene Casanova
1-Develop own BAM database, 2-Use bank’s individual eBAM solution, 3-Eventually use interbank eBAM
KYC exchanges - its all about who do you trust? already concerns emerging
by Kylene Casanova
It is not going to be plain sailing to achieve critical mass in Know Your Customer (KYC) exchanges
Major banks join forces with SWIFT to manage KYC compliance challenges
by Kylene Casanova
SWIFT KYC Registry is starting to happen: signing of Memorandum of Understanding
Multi-bank eBAM in the USA is making progress, slowly but surely
by Kylene Casanova
BofA Merrill announce first client using SWIFT File delivery for eBAM files
Citi eBAM now covers 55 countries
by Kylene Casanova
Up from 33 in September 2012 showing how hard it is to role out eBAM globally
Does your bank account management data need to be 90% clean and verified first before attempting eBA
by Kylene Casanova
The roundtable at AFP Conference 2012, 'Making your eBAM project a reality - a journey to practical implementation', showed all the problems, the success stories and conflicts in eBAM. The panel made up of: Tom Hunt
Citi expands global eBAM solution to 33 countries
by Kylene Casanova
Citi has expanded its Electronic Bank Account Management (eBAM) to 33 countries with new enhancements to its solution on CitiDirect BE, Citi's new electronic banking portal.
Hanse Orga launches a fully embedded SAP® eBAM Solution
by Kylene Casanova
Hanse Orga has just launched an electronic Bank Account Management module which is fully embedded in SAP®.
Citi now provides their eBAM Service in 22 Countries in three Regions
by Kylene Casanova
At the AFP's Annual Conference in Boston, Citi announced that its eBAM solution which uses digital signatures and work flows to manage Citi bank accounts
BofA Merrill extends eBAM services
by Kylene Casanova
BofA Merrill has announced that the availability of their eBAM service for a wide range of corporate and commercial clients in USA and Europe