Showing Latest Processing & Systems
05 Jan 22 @ 16:21
A ground breaking plan for Denmark’s financial sector has been approved by the board of Denmark’s banking association, Finance Denmark. According to the new sector plan, P27 Nordic Payments will... read more
17 Dec 21 @ 11:38
90% of mid-market enterprises are now digitizing their accounts receivable (AR) processes. But digitization and traditional AR automation alone aren’t enough to solve for businesses’ most important stakeholder—their customer. Craig O’Neill,... read more
16 Dec 21 @ 15:55
The implementation of retail faster payments across the globe is continuing at a rapid pace, with significant implications for incumbent RTGS systems, according to a report published by the Bank... read more
15 Dec 21 @ 10:04
Anti Money Laundering (AML) red flags have been indicated at more than a third of UK-licensed electronic money institutions (EMIs), according to Transparency International UK. Transparency International UK warned in... read more
10 Dec 21 @ 09:00
SWIFT announced the availability of its new In-flow Translation service and confirms that it now offers a full ISO 20022 customer testing environment for cross-border payments. In-flow Translation will enable... read more
08 Dec 21 @ 12:35
Fuelled by dynamic integrated technology innovation, seamless regulatory compliance and enhanced value added services, businesses can generate operational advantages, achieve process improvements, and lower costs through the new generation of... read more
03 Dec 21 @ 16:09
Following a 2020 public consultation, the European Central Bank’s (ECB) Governing Council has approved a new Eurosystem oversight framework for electronic payments, schemes and arrangements. Background The PISA framework is the result... read more
01 Dec 21 @ 09:57
The Bank of London, set up to approve and process payments in the UK clearing market, will launch for only the second time in 250 years as it aims to... read more
23 Nov 21 @ 17:20
The EU has announced new measures to crack down on a patchwork of national arrangements that allow banks outside the EU to sell services into the bloc, dealing a blow... read more
23 Nov 21 @ 16:57
As the World Economic Forum has noted[1], the mid-market enterprises (turnover of between $50-$500 million) that constitute 60% of North America’s GDP urgently need to re-tool for growth in the... read more
19 Nov 21 @ 09:15
B2B Payments bank, Banking Circle, has joined the Danish national intraday clearing system. Through Banking Circle as a direct clearing participant, Payments businesses and Banks can now pay out and... read more
17 Nov 21 @ 19:55
For businesses, instant payments offer the potential to reduce late payments and improve cash flow. From a consumer perspective, payments can be made or received easily and safely in seconds.... read more
23 Sep 26 @ 14:34
The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more
21 Sep 26 @ 19:41
European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more
24 Sep 26 @ 16:29
Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more