Minutes of the UBL Payments and Finance Subcommittee 09 August 2017 14:30UTC

Minutes of the UBL Payments and Finance Subcommittee 09 August 2017 14:30UTC  AGENDA:  1. Roll call
- Kenneth Bengtsson
- Todd Albers
- Erlend Klakegg Bergheim
- G. Ken Holman (secretary)  2. Outreach and liaisons with relevant workgroups
- Todd
- yesterday in-person vendor meeting forum at Credit Research Foundation
conference
- the need in the market for a standard for remittance advice
- appetite to standardize a single format
- BDXR introduced as a framework for e-delivery between access points
- feedback very positive and supportive  3. Deliverables to the UBL TC and to UBL 2.3:
a) Tradable invoice document
- Kenneth posted a starting point:
https://lists.oasis-open.org/archives/ubl-payfin/201708/msg00000.html
- a working spreadsheet has been created:
https://docs.google.com/spreadsheets/d/10pJVBV7Nvlgg2gPhQa90WOU4744Hvvyni-E-EOfuyFI/edit#gid=1452669417
b) Blockchain
- candidate role in tracking "the current owner" of an asset such as
a tradeable invoice
c) Identification of other Payfin work products
- ACTION: - review existing UBL Remittance Advice against user
requirements
and the Swift 20022
-
http://docs.oasis-open.org/ubl/os-UBL-2.1/mod/summary/reports/UBL-AllDocuments-2.1.html#Table_RemittanceAdvice
4. Meeting schedule
- next meeting 23 August 2017  5. Any other business
- none

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