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Governance, Scheme

EPC publishes updated SEPA Credit Transfer Rule book

The EPC yesterday published new versions of the SEPA Credit Transfer (SCT), SEPA Direct Debit (SDD) Core (SDD Core), and SDD Business to Business (SDD B2B) scheme rulebooks, which will take effect on the 19th November 2017. Scheme participants will as usual have one year to adapt their systems.

Governance, Scheme

SWIFT’S ISO 20022 Harmonisation project moves forwards

SWIFT announces that the ISO 20022 Harmonisation Charter project, an industry driven framework to support the global rollout of ISO 20022, is making great strides with key financial market infrastructures (FMIs) and market practice groups. Over 20 market infrastructure providers have endorsed the Charter, with other participating organisations including payments associations, market practice groups, central […]

Governance, Scheme

Real-time payments in the US: right said Fed

Will everyone really benefit from the real-time payments coming to the US? Can the US regulator mandate the banking sector to adopt it? And what are the chances of this new faster payments system becoming ubiquitous? Banking Technology digs deeper, past the hype. It’s a pretty safe bet that the roll-out of faster payments in […]