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How the world pays

24 Nov 16 @ 16:21

Payment habits are strongly national. They have developed over time and have been shaped by various cultural, political, economic and technological factors. In its most recent white paper RS2 examines... read more

4 million ($5bn) same day ACH Payments transacted in October 2016

16 Nov 16 @ 12:11

NACHA released Same Day ACH transaction volume data for October, the first calendar month following Phase 1 implementation on Sept. 23, 2016. Same Day ACH, an industry initiative to move... read more

Real-time payments: the race against time

31 Oct 16 @ 10:37

The world seems to have got itself into a great big, tearing hurry. Consumers can send and receive e-mail across the globe in near-real-time. They can download a movie to... read more

PayPal sets sight on progressing mobile payments business

25 Oct 16 @ 09:16

PayPal reported third quarter earnings last week with an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. However, it is reported that some investors were... read more

ACI and VocaLink partner to aid adoption of immediate payments

27 Sep 16 @ 15:05

ACI Worldwide and VocaLink have announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network. It is the first global... read more

The Clearing House signs IBM to transform the US real-time payments

21 Sep 16 @ 09:33

IBM says The Clearing House, a national payments system operator for the US banking industry, has selected it to help deliver a new real-time payments system due to roll out... read more

Clearing and settlement systems from around the world: A qualitative analysis

21 Jun 16 @ 09:37

Research released by Payments Canada and the Bank of Canada exploring Clearing and settlement systems and payment system modernization initiatives around the world reveals a global trend towards infrastructure enhancements that... read more

What will real-time gross settlement services be like in the future?

15 Jun 16 @ 14:57

The Eurosystem operates two systems that form the backbone of the financial market infrastructure in Europe – TARGET (the real-time gross settlement (RTGS) system for the euro) and TARGET2-Securities, or... read more

What does the future hold for US domestic payments?

14 Jun 16 @ 11:25

It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, at least in a sweeping,... read more

Strong commitment for pan-European instant payment launch

10 Jun 16 @ 09:09

EBA CLEARING has announced that close to 40 financial institutions operating across SEPA have committed to supporting and funding the development and implementation of its pan-European instant payment platform. The... read more

ACI enables PSPs and challenger banks to access UK Faster Payments

08 Jun 16 @ 10:27

ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger banks and payment service providers... read more

Real-time payments: The need for speed

19 May 16 @ 11:24

Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more

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Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more