The product is being designed in advance of Shieldpay’s plans to scale its operations, which currently include the provision of B2B payments to legal and professional service firms, financial services and technology platforms
The whitepaper, entitled ‘Effective Preprocessing: the path to faster payments modernisation’ and prepared by Aite Novarica, discusses the challenges of payment modernisation
The service currently reaches 85 per cent of bank customers in SEPA and processes over two million transactions worth €1.5 billion euro per day on average
Securitisation specialist GenTwo has selected Apex Group’s European Depositary Bank to provide global paying agent and banking services to third-party investors
Standard Chartered has launched a programmable payouts solution, Payouts-as-a-Service, which allows digital businesses to manage payments to parties in their ecosystem
The partnership will automate the connections between corporate clients and banks’ back-office systems, speeding up manual processes and reducing costs, the companies say
The platform standardises and centralises post-trade processes, reducing risk and improving efficiency and liquidity across the global market for foreign exchange market participants
