Update - International Bank Compensation/ TWIST BSB PDF Print E-mail
March 4th, 2008 - Progress continues by the banks in implementing the TWIST BSB for electronically reporting bank service charges. Here is a quick update on what has been happening.
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BARCLAYS is first UK bank to introduce TWIST BSB Standard to its customers PDF Print E-mail

February 15, 2008 - Barclays has become the first UK bank to introduce the TWIST BSB 3.1 industry standard for bank services billing (BSB) with the electronic transmission of detailed bank charges to General Electric (GE). The BSB standard will enable the bank's customers to verify their bank fees in a way that is transparent, accurate and efficient.
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TWIST Website statistics for 2007 PDF Print E-mail

London, 15th January 2008 - Just a few days into 2008 we are pleased to release the figures for the usage of the TWIST Website throughout 2007. There has been a steady stream of visitors throughout the year of around 15 thousand per month, and in total 175 thousand for the year. That is encouraging, given that limited effort was spent on marketing of TWIST in 2007 and the technical nature of TWIST's activities. The visitors of the website are geographically spread between Europe, US and the Far East, with a markedly growing interest from China. Popular topics on TWIST are AMQP, the Billing Standards and Payment Standards / SEPA.
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Danske Bank first European bank to deliver TWIST BSB PDF Print E-mail
London, Copenhagen, September 17, 2007 - TWIST, the corporate driven open standards group and Danske Bank today announced that Danske Bank has gone live as the first European bank with electronic transmission to GE on details of bank charges.
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Payment China 2008 PDF Print E-mail
April 16th -18th, 2008 Intercontinental Hotel Beijing, China - China's payment industry are bound to face fierce competition, increased regulatory stress and the challenges from foreign banks and financial institutes after China's banking sector opening in 2006. TWIST formally endorses Payment China 2008, a summit that focuses on the Chinese payments market.
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Large Corporations take active lead in realizing Pan-European Supply Chain Automation PDF Print E-mail
On September 20th 2007, IBM hosted an event for TWIST in London that resulted in the formation of a Corporate Supply Chain Panel. Representatives from General Electric, ENI, Stora Enso, Cisco, HP, IBM, AKZO Nobel and others created a pro-active network of large corporations to facilitate a range of supply chain automation initiatives in the EU. Representatives from the EU Commission as well as 6 EU Member States were also represented at this first meeting of the Corporate Supply Chain Panel.
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TWIST collaboration with B.I.S.S. Research and EACT to benchmark systems for SEPA PDF Print E-mail

London, 27 June 2007 – TWIST Process Innovations Ltd announces today that it has reached an agreement with the European Association of Corporate Treasurers (EACT) and B.I.S.S. Research, a research company offering benchmarking of services and systems in the financial services sector, to collaborate in producing a template to benchmark the functionality of SEPA service offerings and system designs from a corporate requirements point of view.
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