Instant Payments

66 articles tagged with this keyword

/payments

GoCardless and Plaid launch VRP offering ahead of CMA sweeping deadline

Following the Competition and Markets Authority’s mandate that the UK’s nine largest banks must support sweeping by 31st July 2022, both Plaid and GoCardless have launched a Variable Recurring Payments offering today.

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EBAday 2022: Going instant with ISO 20022 and liquidity management

Diving-in to day two, Joost Bergen, owner, Cash Dynamics, kicked off the ‘Real-time liquidity management’ session with the poll question: do we really need liquidity management close to real time?

/payments

Santander launches instant payments into Brazil from Europe

Santander’s SME and corporate clients in Spain, from today, will be able to make immediate international payments to recipients in Brazil, in Brazilian Real, through the One Trade solution.

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UK’s Faster Payments quadruples transaction limit to £1 million

A Pay.UK spokesperson has confirmed that the Faster Payment System transaction limit has today increased from £250,000 to £1 million.

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Tanzanian instant payment system to be launched in February 2022

The Bank of Tanzania (BoT) is now expecting to launch its new payments system, the Tanzania Instant Payment System (TIPS) in February, the Citizen reports. The system was initially intended to roll out in December 2021 but was delayed as upgrades were made.

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Visa completes acquisition of Currencycloud

First announcing the deal in July 2021, Visa has completed its acquisition of Currencycloud - a global platform enabling banks and fintechs to provide foreign exchange solutions for cross-border payments.