Target2 turnover in 2014 remained stable compared to 2013, with an average daily value of €1.9 trillion, according to the European Central Bank’s annual report...
Renminbi is now the most active currency in the Asia-Pacific (APAC) region in terms of trades with China and Hong Kong, according to SWIFT’s RMB tracker...
Traditional and innovative ways of approaching transaction banking “can coexist and drive each other”, according to Marion King, group director of payments at RBS...
The banking industry has failed to embrace the opportunity to provide identity authenticating services under the Payments Service Directive II, said a panel at at EBAday annual congress in Amsterdam...
Financial institutions should remain at the heart of the payments sector, but only after a technological revolution, according to Chris Larsen, CEO of real-time payments and settlement system Ripple...
Trust in banks is still suffering, but by changing aspects of the way the industry works, client confidence will return, according to the keynote speaker at the EBAday annual congress in Amsterdam...
Eddie Astanin, chairman of the executive board of the NSD, has been elected by Russian financial institutions as a candidate for the board of directors of the international SWIFT system...
Use of the renminbi for payments transaction is becoming more popular around the world, although the vast majority are still conducted in Hong Kong, according to SWIFT’s RMB tracker...