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Technology

Mastercard enlists Worldpay to promote app as PSD2 grows

23/07/2018

Mastercard and Worldpay are embarking on a strong push to promote Mastercard’s Pay by Bank system, which will likely face a deluge of competition under the updated Payment Services Directive (PSD2), which took effect this year. Pay by Bank enables customers of UK businesses to make online payments for goods and services via their banking […]

News, Technology

SWIFT introduces gpi universal real-time payment tracking

23/03/2018

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 […]

Bank, News, Partnership, Technology

ABN Amro selects SIA to cope with instant payments growth

22/03/2018

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 […]

News, Technology

EC extends PSD2 RTS payment standards deadline

29 November 2017

The European Commission (EC) has given banks and PSPs an extra 18 months to adopt new security measures and provisions for customer data exchange outlined in the Regulatory Technical Standards (RTS) of the second EU Payment Services Directive (PSD2).