With its new license, YTS can continue with payment services activities that include Payment Initiation Services and Account Information Services under its own independent FCA license as opposed to that of shareholder ING
The pan-European instant payment infrastructure system now counts six participants based in Belgium: Aion SA, BNP Paribas Fortis, Belfius, CBC Banque, ING Belgium and KBC Bank
Provider in cloud payments and financial messaging Volante Technologies and Citi are extending their relationship to accelerate the bank’s adoption of the ISO 20022 financial messaging standard across its global payments operations
EBA and McKinsey & Company have published a joint white paper on the future of banks in payments, which shows payments and account services continue to be at the core of banks’ value proposition
The European Central Bank is set to launch an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23 October 2020, causing an outage for almost 10 hours
Payments Canada has selected Mastercard’s Vocalink as the clearing and settlement solution provider for the country’s new real-time payments system, the Real-Time Rail