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China launches cross-border interbank payment system

08 Oct 15 @ 13:55

China’s central bank has launched the China International Payment System (CIPs), a worldwide  interbank payment system and superhighway for the yuan to facilitate trade settlement and investment dominated in the yuan. CIPS... read more

World Payments Report 2015

07 Oct 15 @ 14:02

Non-cash payment volumes are expected to continue on a high growth trajectory in 2014, according to the World Payments Report 2015 from Capgemini and the Royal Bank of Scotland (RBS). They are... read more

EBA Clearing RFP for pan-European instant payments

06 Oct 15 @ 15:42

The bank-owned provider of several key payments infrastructures in Europe, EBA Clearing, has launched an RFP for a technical solution provider. The RFP is the next phase in its offering of a... read more

New settlement model for Faster Payments

05 Oct 15 @ 16:39

A new simpler way to guarantee settlement between banks of payments made through Faster Payments, the UK’s 24/7 real-time payments service, has been introduced as part of changes announced today... read more

European real-time payments progress

01 Oct 15 @ 11:26

While the outlook for real-time payments in the US market remains fragmented and uncertain for the time being, in Europe the pace of development and usage is quickening and real-time payments (or... read more

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Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more