Processing & Systems

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The reason Europe’s banks want EPI to end US dominance in payments

11 Jun 21 @ 15:03

The last time the banks and infrastructure providers in the European payments market tried to build a payments network capable of taking on the US companies that dominate the sector,... read more

Banks should seize the opportunity to serve SMEs better

04 Jun 21 @ 15:35

Small and Medium Enterprises (SMEs) are the backbone of Europe’s economy. European Union[1] data shows that SMEs account for 99% of all businesses by number across the bloc, while in... read more

RS2 receives e-money license from the German Federal Financial Supervisory Authority

24 May 21 @ 08:49

RS2, the global payments processing and technology provider, has announced that its German subsidiary RS2 Financial Services GmbH has been granted an E-Money Institution (EMI) license by the German regulator,... read more

European Central Bank: Cost of Instant Payments too expensive

21 May 21 @ 11:06

The ECB has taken aim at major EU banks for the prices they are setting for Instant Payments. In a speech given by Fabio Panetta, Member of the Executive Board... read more

Report: Opportunities and challenges of CBDC for international payments

11 May 21 @ 15:17

The emergence of central bank digital currencies (CBDC) is gathering speed, with more than half of the world’s central banks actively considering their introduction. The reasons are varied: to compensate... read more

Banking Circle is already processing 6% of European B2C e-commerce payments

05 May 21 @ 09:00

Banking Circle has reported a significant uplift in payments flow and clients a year after it launched its Banking Licence. At the end of February 2020, Banking Circle received its... read more

Global real-time payments transactions surge 41% in 2020

18 Apr 21 @ 12:55

More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41% compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from... read more

2020 Top 50 financial institution ACH originators and receivers

07 Apr 21 @ 10:00

Nacha has released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2020. The Top 50 originating financial institutions handled a volume of almost 23.1... read more

Visa first to settle transactions in USD Coin (USDC)

29 Mar 21 @ 15:02

Visa says it has nailed a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a stablecoin backed by the US... read more

Program to provide CBDC payment network to 110 qualifying central banks

25 Mar 21 @ 08:54

Roxe has announced it will provide 113 qualifying central banks with free, complete access to its global Central Bank Digital Currency (CBDC) payment network. Each central bank will be able to issue,... read more

Who are banks competing against in payments now?

23 Mar 21 @ 18:09

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more

Belgium: 1 in 7 transfers happens via instant payments

12 Mar 21 @ 09:08

Two years since its launch, Belgian instant payments are making real inroads in the country. Today, 20 banks process instant transfers, accounting for 95% of all current accounts in the... read more

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ECB brings Central Bank money to tokenised market

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

European E-commerce Hits €911bn as Payments Reshape Online Retail

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

Inside A7: How Russia built a parallel cross-border payments network

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