Remittance

19 Jan 17 @ 09:29

The Central Bank of Nigeria (CBN) has barred deposit taking banks and all other financial institutions from the operation of any form of virtual currency. The warning by the Apex bank... read more

17 Jan 17 @ 09:46

Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit signed a Memorandum of Understanding to collaborate on the development of a shared cross-border trade finance platform for small and... read more

10 Jan 17 @ 13:25

6.22 billion payments transactions worth a total of £4.8 trillion were processed by Bacs Payment Schemes (Bacs) in yet another record breaking year for the company behind Direct Debit in... read more

03 Jan 17 @ 13:34

The Bank of Korea has published, as part of an overview of the central bank’s future plans, a report titled “Present Status and Key Issues of Distributed Ledger Technology” detailing policy... read more

15 Dec 16 @ 15:32

Western Union says it is enhancing its existing relationship with Viber by enabling mobile money transfer for its 754m users worldwide, to send money domestically and internationally to more than 200... read more

14 Dec 16 @ 15:12

ACI Worldwide has been named by EBA Clearing as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit Transfer Scheme, due to go live in November 2017.... read more

09 Dec 16 @ 10:27

The EPC published the SEPA Instant Credit Transfer (SCT Inst) scheme rulebook at the end of November 2016, after a public consultation organised earlier this year. This article discusses what’s... read more

08 Dec 16 @ 15:02

That the big markets in Latin America, despite the issues surrounding general growth in those markets, are experiencing an explosion of growth in LatAm e-commerce is not big news. However,... read more

08 Dec 16 @ 14:28

The cross border B2B payments landscape is ever-changing, there are as many challenges as there are opportunities. High transaction costs, FX fees, and slow payment processing create issues for businesses on... read more

30 Nov 16 @ 08:47

The European Payments Council (EPC) will launch the SEPA Instant Credit Transfer (SCT Inst) scheme today. European Payment Service Providers (PSPs) now have one year to get ready to process... read more

29 Nov 16 @ 09:54

The UK payments industry is about to see its biggest change in a generation according to the Payment Systems Regulator (PSR). The comments come as the Payments Strategy Forum, a... read more

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