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Bank, Vendor

Banque de France to upgrade payment systems

Banque de France’s banking services department has embarked on a major technology overhaul programme. It will work with a domestic software provider on this project, Sopra Banking Software, which is part of the Sopra Steria group.

Bank, Technology, Vendor

R3 trials interbank cross-border payments

R3 and 12 of its consortium member banks have trialled Ripple’s distributed financial technology to reduce the costs and inefficiencies of interbank cross-border payments. Traditionally, banks provision liquidity for cross-border payments by holding various currencies in local banks around the world, known as nostro accounts.

Partnership, Technology, Vendor

ACI HELPS TRANSFERWISE CONNECT TO FASTER PAYMENTS SCHEM

TransferWise is first fintech to connect to UK scheme via New Access Model* Friday, October 14, 2016 ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced it has provided the back-end technology for TransferWise’s successful integration into the Faster Payments Scheme. Craig Saks, Group President Strategic Products, ACI Worldwide comments: “In December, […]