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Bank, News, Scheme

Sweden’s Central Bank to join ECB’s TIPS system

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 […]

News, Scheme

EPC launches SEPA Credit Transfer and Direct Debit rulebook consultation

The European Payments Council (EPC) has announced the launch of the public consultation on the 2018 change requests for the Single Euro Payments Area (SEPA) Credit Transfer and SEPA Direct Debit rulebooks.  These documents detail the change requests from stakeholder representatives, banking communities and EPC Working and Support Groups. Furthermore, they include the recommendations of […]

Bank, News, Scheme

UK NPSO appoints Matthew Hunt COO

The New Payment System Operator (NPSO), which is taking charge of all the UK’s retail payment systems including its Faster Payment Service that is undergoing a technology overhaul, has appointed Matthew Hunt its new Chief Operating Officer.