Financial messaging service SWIFT has launched SWIFT Go, a new solution that enables businesses and consumers to send highly secure and low-value cross-border payments anywhere in the world
The partnership will allow the banking and financial communities to send and receive payments in 10 seconds or less for a maximum amount currently set at €100,000 per individual transaction
Payment service providers and other service providers adhering to this new SEPA scheme may now exchange SRTP messages end to end, in split seconds and across Europe
Digital money in the UK considered to be systemic are those that have the potential to scale up and become widely used as a trusted form of sterling-based retail payments
Standard Chartered has reached an agreement with the Arab Monetary Fund to serve as a settlement bank for the Euro currency in Buna, the cross-border payment system owned by the AMF
New technologies, changing customer expectations, emerging players and evolving business models are driving tectonic shifts in the payments landscape, according to SWIFT and Accenture
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
