SWIFT shows off bank endorsements for new platform
by Ben Poole
New platform capabilities launching in 2022 are part of SWIFT's strategy enabling instant and frictionless end-to-end transaction management globally.
Urgent/Instant Payments
Shots fired! New cross-border payments network takes aim at SWIFT
by Ben Poole
Former PayPal execs launch Six Clovers, a decentralised cross-border payment network connecting traditional and digital currencies.
Can crypto become a viable payment alternative for corporates?
by Laurent Descout , CEO and Co-founder, Neo
May not be the right time for treasurers to look to Bitcoin and its peers as a solution to their payment issues
Global real-time payments surged 41% in 2020
by Ben Poole
ACI Worldwide research highlights the shift to digital, while US faster payments schemes continue to evolve.
US faster payments competition one step closer
by Ben Poole
The Federal Reserve has announced the FedNow pilot programme participants.
B2B transaction volumes surge
by Ben Poole
Both Tradeshift’s Global Index of Trade Health and Nacha analysis of the US ACH network have picked up sharp rises in B2B payments volumes.
Amid economic uncertainty, businesses embrace change
by Ben Poole
A JPMorgan Chase survey shows US businesses focused on contingency planning, increased cash buffers, and digital platforms and processes.
Real-time payment infrastructures advance in Europe
by Ben Poole
Both Iceland and Luxembourg have benefitted from payments system upgrades this week.
Mastercard advances multi-rail strategy to modernise business payments
by Ben Poole
The payments giant has added account-to-account and global card payments functionality to its Mastercard Track Business Payment Service.
Real-time payments surge ahead
by Ben Poole
While Sweden's Riksbank and the ECB explore cross-currency instant payments, an FIS study finds volumes instant payments are accelerating globally.
ACI Worldwide and Mastercard partner on global real-time payments solutions
by Ben Poole
The two companies will initially collaborate to offer central infrastructure, payments localisation and access solutions.
Transaction banking: “What an advantage starting from scratch is”
by Jack Large
Goldman Sachs progress report shows the advantage of having no legacy infrastructure holding them back
SWIFT announces a strategy for instant, frictionless payments and securities processing
by Ben Poole
It aims to enable seamless transactions from one account to another anywhere in the world with end-to-end transparency and predictability.
Real-time payments gaining traction with US corporates
by Ben Poole
A survey from Citizens Commercial Banking has found nine out of 10 businesses are interested in the new US payment standard.
Industry roundup: 5 May 2020
by Ben Poole
News in brief featuring ION, Jack Henry, and GreenBox.
Industry roundup: 28 April 2020
by Ben Poole
News in brief featuring Volante Technologies, RBC, and the British Business Bank.
Industry roundup: 27 April 2020
by Ben Poole
News in brief from Deutsche Bank, AvidXchange, Western Union and SurePayd.
Deutsche Bank begins roll out of corporate instant payments in Thailand
by Ben Poole
PromptPay uses an account number or corporate tax ID to receive incoming payments.
Industry roundup: 16 April 2020
by Ben Poole
News in brief featuring DBS, Currencycloud, Fairfax, Deloitte, KyckGlobal, and more.
Sweden joins ECB’s instant payments settlement platform
by Ben Poole
ECB and the Sveriges Riksbank conclude agreement on settlement of electronic payments in Swedish krona on TIPS.
COVID-19 crisis highlights need for real-time and new digital payments services
by Ben Poole
ACI Worldwide and Global Data research has analysed real-time payments volumes, growth and dynamics across 30 global markets.
The new pan-European payment scheme – Request-to-Pay
by Jack Large
Two leading payment systems experts from Deutsche Bank discuss the new pan-European payment scheme they are launching.
Erste Bank enables instant payments in Hungary
by Ben Poole
Powered by valantic, the bank now offers real-time payments around the clock and request-to-pay in Hungary.
Accuity acquires Apply Financial
by Ben Poole
The firm will provide real-time STP and account validation payment solutions.