ubl-payfin message

Subject: Minutes of the UBL Payments and Finance Subcommittee 20 September 2017 14:30UTC

From: "G. Ken Holman" <gkholman@CraneSoftwrights.com>
To: UBL Payments and Finance Subcommittee <ubl-payfin@lists.oasis-open.org>
Date: Wed, 20 Sep 2017 11:13:09 -0400

Minutes of the UBL Payments and Finance Subcommittee 20 September 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
   - the US Fed has published a new update to the next steps in payments
     and improvements
     - interested in supporting an industry-led interoperability framework
       for invoicing, payments and remittances

-https://fedpaymentsimprovement.org/wp-content/uploads/next-step-payments-journey.pdf

     - public web cast through: https://fedpaymentsimprovement.org/
     - 3-year time-frame to develop this framework
     - Ken has posted his own observations regarding this:

-https://www.linkedin.com/pulse/us-federal-reserve-looking-next-steps-e-invoicing-xml-ken-holman



3. Deliverables to the UBL TC and to UBL 2.3:

  a) Tradable invoice document / Bill of exchange

- thought has been put towards the semaphore concept of lockinga document

       but nothing successful in working with a standalone document; something
       definitive has to be outside of the document itself
     - we will need information in the document to reference some kind
       of outside semaphore mechanism

  b) Remittance Advice

- Business Payments Coalition will be convening in October aworking group

       for defining a Remittance Advice for credit card payments

-https://fedpaymentsimprovement.org/payments-efficiency/business-payments-coalition/


  c) Identification of other Payfin work products

     - no others at this time (lots of time to think of new ones)


4. Meeting schedule
   - next meeting 04 October 2017 14:30UTC


5. Any other business

   -  none

--
Contact info, blog, articles, etc. http://www.CraneSoftwrights.com/o/ |
Check our site for free XML, XSLT, XSL-FO and UBL developer resources |
Streaming hands-on XSLT/XPath 2 training class @ US$45 (5 hours free) |