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Fnality processes live payments across its Sterling payments system
14 December 2023
UK Reporter AST

These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by £FPS in the Bank of England’s RTGS system

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European Payment Council cross-border payment scheme launched
01 December 2023
Belgium Reporter Lucy Carter

The scheme is expected to allow financial institutions to leverage the benefits of domestic instant payment systems globally while continuing to use existing rails and enabling outgoing flows

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Volante Technologies secures $66 million in latest funding round
08 November 2023
UK Reporter Jenna Lomax

Global payments company Volante Technologies has secured US$66 million in debt and equity financing in an investment round led by Sixth Street Growth, the technology investing arm of Sixth Street

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GLEIF voices support for CPMI LEI recognition
24 October 2023
Switzerland Reporter Lucy Carter

The Global Legal Entity Identification Foundation has welcomed the Bank of International Settlements’ Committee on Payments and Market Infrastructures’ advocation for use of the Legal Entity Identifier within ISO 20022 payments

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BIS releases final report on ISO 20022 for cross-border payments
18 October 2023
Switzerland Reporter Lucy Carter

The requirements have been determined by a joint task force consisting of the BIS Committee on Payments and Market Infrastructures and the private sector Payments Market Practice Group

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Finland’s Aktia selects Temenos for payments services
18 October 2023
Finland Reporter Jenna Lomax

Finland’s wealth manager bank Aktia has selected Temenos to modernise its domestic and cross-border payments capabilities

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CGI’s All Payments solution to support transaction activity for firms making payments on FedNow Service
22 September 2023
US Reporter Jenna Lomax

CGI has been actively developing FedNow Service-specific capabilities since joining the FedNow Service Pilot Program in 2021

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