Author Archive

IBC/TWIST BSB – Progress as of August 2008

A few months have passed since the last IBC/TWIST update on the implementation of the e-Invoicing TWIST Bank Service Billing, BSB, standard. Here is the latest news…

Intel calls AMQP Transport Protocol A New Way to Connect

The AMQP open protocol for the transport of messages, has obtained the active support from Intel. Where earlier Credit Suisse, Goldman Sachs and Deutsche Borse had joined the AMQP working group that already consisted of JPMorgan, RedHat, Cisco, TWIST and […]

Award TWIST and GE for Billing Standard

The Billing Standard for Bank Services (BSB) is increasingly successful. General Electric and TWIST were awarded the 2008 Adam Smith Awards in the category Bank Relationship Management. GE and TWIST won the award for the development of the BSB standard […]

Harmonisation in Europe around SWIFT/TWIST ISO 20022 payment standards

August 2008 – The European Payment Council (EPC), the coordination body of the European banking industry in relation to payments, has embraced the ISO 20022 standards for the SEPA project. When designing the so-called SEPA Rulebooks for Credit Transfers and […]

A Control Framework for e-Invoicing

  Today’s business processes are to a large extent still paper-based, which results in inefficiencies as paper needs to be forwarded from one employee in a firm to the next either in the same firm or in another firm before […]