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Instant Payment News

InstaPay provides you with all the latest instant payment news from around the world. So if you are looking for real-time payment news then InstaPay should be your first port of call for the latest instant payments information.

News

NPPA’s Katrina Stuart joins InstaPay Advisory Board

New Payments Platform Australia’s (NPPA) head of engagement, Katrina Stuart, has joined the InstaPay Advisory Board as part of a drive to increase the number of scheme and bank representatives. She joins CaixaBank’s Xavier Herrero and Metro Bank’s Becky Clements on the Board.

News

US ACH network volume on NACHA hits new heights

The US NACHA network processed 21.5bn transactions valued at more than $46.8trn last year, representing increases of 5.7% and 6.9% respectively. Same Day payments grew 478% from a low starting base to 75m transactions and are expected to grow in future years.

News

Zimbabwean payment infrastructure improvement

Zimbabwe is to refresh its payment infrastructure IT after the African nation’s Electronic Funds Transfer (EFT) Zimswitch company contracted Finteq to help it build a new automated clearing house (ACH) with same day interbank capabilities.

News

ClearBank signs updated UK Code on payment system access

ClearBank, a challenger FI, has signed up to the UK voluntary Code of Conduct for Indirect Access Providers (IAPs), which has been updated by UK authorities to align with new regulations such as the EU’s PSD2 that seek to assure fair and open access to payment systems for new FinTech-enabled FIs.

News

Nordea confirm Pan-Nordic payment infrastructure instant in nature

InstaPay has received exclusive confirmation that a pan-Nordic cross-border ISO20022-enabled payment infrastructure that is being investigated by a group of major Swedish, Danish, Norwegian and Finnish banks, including DBN and SEB, will be instant in nature, if it is greenlighted, and compatible with Europe’s SCT Inst scheme.

News, Technology

SWIFT introduces gpi universal real-time payment tracking

SWIFT has announced the extension of its gpi Tracker, enabling all banks to track their SWIFT payment instructions at all times, giving them full visibility over all their payments activity.        From November a unique end-to-end transaction reference will be included in all payment instructions, giving gpi customers full tracking capabilities across the payment chain The Tracker can […]

News, Survey

InstaPay readership survey results

InstaPay readers responding to a survey rated the website as four out of five for quality and the majority look to us for the latest instant payment news and research, with interviews and country-specific news the next popular elements.

Bank, News, Partnership, Technology

ABN Amro selects SIA to cope with instant payments growth

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 […]

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