Instant Payments

149 articles tagged with this keyword

/regulation

EBAday: Preparing for the new European legislative landscape

The role of the legislation is a core part of any EBAday, and this was not missing from EBAday 2023. A session on the second day of the event aimed at highting how to prepare for the European legislative landscape of the instant payments regulation and the upcoming Digital Operational Resilience Act (DORA).

/payments

EBAday: Moving money should be just as easy as moving data

The last two sessions of day one of EBAday returned to the theme of instant payments, with the first of these updating the audience on the status of immediate cross-border payments.

/startups

EBAday 2023: iPiD announced as Fintech Zone winner!

During the past two days, 16 early stage, early growth fintech startups from across Europe and beyond pitched their proof of concepts or working products on the exhibition floor of EBAday 2023 in Madrid, Spain.

/payments

EBAday 2023: Customers expect instant payments today

The afternoon of EBAday 2023, day one, in breakout one got straight into a key theme of the event, immediate cross border payments.

/payments

EBAday: Future payments and banking challenges can be overcome with collaboration

Kicking off the 18th edition of EBAday – this time in Madrid, Spain – Wolfgang Ehrmann, chairman, Euro Banking Association, opened the show by gracing the stage and welcoming nearly 1200 practitioners from all corners of the payments and transaction banking ecosystem to discuss the latest trends and share different perspectives.

/payments

Iberpay and CaixaBank launch payment platforms

After obtaining the corresponding homologation certificates from the EPC1, CaixaBank and Iberpay announce that their respective payment technology platforms are ready to launch, as from June 22, the first SEPA Request-to-Pay in Europe.

/Instant Payments

The Future of Payments 2023

1475 downloads

/crypto

BIS and Bank of England complete CBDC project

A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).

/Instant Payments

The Future of Digital Banking in Europe 2023

1008 downloads

/security

Teradata and FICO partner for real-time payments fraud detection

Teradata (NYSE: TDC) and FICO, the analytics software provider (NYSE: FICO), today announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Bringing data, analytics and insights together in one environment streamlines the development of solutions for use cases across industries, speeding time-to-delivery and making them available for joint customers sooner. The resulting solutions are part of a new global relationship between the two companies, and are expected to deliver reduced costs, improved profits, increased risk mitigation and greater customer satisfaction for Teradata/FICO customers.

/payments

UK's cashless transition under the microscope as Payments Choice Alliance pushes back

The UK is gearing up to follow the footsteps of Norway and Sweden as an increasingly cashless society given the sparse usage of cash post-pandemic. London in particular has become a hub for online payments, with a significant number of retailers no longer accepting cash. The transition was intensified by the need to socially distance during the pandemic, as the usage of e-wallets and digital transactions has accelerated.

/payments

Payments Canada Summit: TD Bank’s Kushank Rastogi on real-time payments

Ahead of Payments Canada Summit, Finextra spoke to Kushank Rastogi, head of Canadian real time payments, TD Bank Group about the key characteristics of real time payments, future commercialisation opportunities and how the Canadian payment ecosystem is undergoing large-scale transformation with the introduction of a real-time payment system, the Real-Time Rail (RTR).

/payments

NextGen Nordics: Beyond P27, there is still hope for Nordic harmonisation

NextGen Nordics 2023 kicked off with a panel on the challenges and opportunities in the road for harmonisation across transaction banking services.

/payments

P27 Nordic Payments withdraws second clearing application

The future of P27 Nordic Payments (P27), the largest regional, cross-border, instant payment project to be attempted in history, is uncertain.

/payments

Citi Digital Money Symposium: How are FIs leveraging data to meet consumer demand?

Finextra attended the Citi Digital Money Symposium, which brought together experts from all over the industry to discuss innovation and emerging trends across the online payments sector in 2023. The conference looked at the challenges that could arise as the payments ecosystem becomes increasingly digital.

/cloud

Starling on scalability and being cut from the cloud

Finextra spoke with Starling Bank to understand how being ‘born in the cloud’ allows them to accelerate development and scale-up at a fast pace.

/payments

Standard Chartered and Allinpay partnership enables cross-border QR payments

Standard Chartered Bank and Singaporean company Allinpay have enabled PayNow instant cross-border payments for merchants and businesses in Hong Kong using QR codes.

/payments

Swift chair Yawar Shah steps down after 16 years

The Swift Board of Directors has announced that Yawar Shah has stepped down, retiring after 16 years as Chair.

/payments

The Bank of London becomes DCSP of Bacs

The Bank of London, the leading-edge technology company and the world’s first purpose-built global clearing, agency, and transaction bank, today announced it has become a Directly Connected Settling Participant (DCSP) of Bacs, which is owned and operated by Pay.UK, the recognised operator and standards body for the United Kingdom’s (UK’s) retail interbank payment systems.

/payments

Moneycorp partners with BankClarity for cross-border STP

Moneycorp, the global foreign exchange and payments provider with over £38bn of trades across 120 currencies, has implemented an API and distribution agreement with BankClarity, the leading banking technology provider to non-bank financial institutions.