Bank, News, Technology
Seven Dutch banks complete roll out of Instant Payments
10/09/2019
Both business and private customers of seven Dutch banks can now transfer payments instantly, using mobile and online banking.
Both business and private customers of seven Dutch banks can now transfer payments instantly, using mobile and online banking.
The trials utilized SWIFT’s Global Payments Innovation (GPI) and Singapore’s domestic instant payments solution, FAST.
Sweden’s central bank has said it plans to bring 24/7 real-time payments to the country by 2021 by joining the ECB’s Target Instant Payment Settlement system. TIPS, which launched last year is available to consumers and businesses in the eurozone and offers near real-time payments. TIPS was created in order to help banks with the […]
Kyriba, a cloud-based treasury management platform is tapping JPMorgan’s API to enable shared clients to send real-time payments in the US.
Volumes on the NPP are rising steadily; just not enough. In April the platform ticked over 16 million transactions amounting to $13 billion.
Over 1700 banks cooperating in the NextGenPSD2 Implementation Support Programme (NISP) managed to provide a sandbox testing environment for TPPs on the first major regulatory deadline.
SWIFT has announced that six Spanish banks have now adopted its SWIFT gpi. These banks include, Banco Sabadell, Banco Santander, Bankinter, BBVA, Caixabank and Grupo Cooperative Cajamar, which account for 85% of Spain’s cross-border payments. SWIFT gpi enables fast cross-border payments service with real-time tracking and complete transparency on charges and interest rates, and more […]
Societe Generale has extended coverage of SWIFT gpi to nine new countries in Western Europe and Asia, enabling its corporate clients to track and manager cross-border payments more efficiently. SWIFT gpi has been launched in Germany, Belgium, Spain, Italy, Netherlands, United Kingdom and Switzerland in Europe, as well as Hong Kong and Singapore in Asia. […]
Nordea customers in Finland can now receive instant Euro payments in seconds from friends and business partners from Europe.
Mitsubishi Corporation MC, MUFG Bank Ltd. (MUFG Bank), Bank of Ayudhya PCL, a Thailand-based subsidiary of MUFG Bank and Standard Chartered Bank, today jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and further improving the capital efficiency of corporate groups. […]
SIA is providing instant payment connectivity to ABN Amro, one of the largest banks in the Netherlands, linking it to EBA Clearing’s pan-European RT1 clearing and settlement (CSM) platform. The network infrastructure SIAnet is intended to meet the requirements of instant payments in terms of security, reliability, ease of integration with any application environment and […]
De Volksbank has chosen equensWorldline SE to process its back office instant payments transactions on behalf of its customers.