Remittance

25 Feb 22 @ 16:21

A raft of economic sanctions have been heaped on Russian banks and oligarchs as the West promises to make Vladimir Putin pay dearly for invading Ukraine. But even with Russian... read more

25 Feb 22 @ 13:00

No trend is more reliable than transaction banking (TB) retaining its much-vaunted position as the bedrock of commercial banking customer engagement and relationship management strength. Across cash management, payment processing... read more

04 Feb 22 @ 16:12

The 2021-2022 Digital and Card Payment Yearbooks from Payments Cards & Mobile suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and... read more

26 Jan 22 @ 16:35

Launched in 2009 as a key pillar of the Single Euro Payments Area, SEPA Direct Debit (SDD) is an EU initiative that aims to make cross-border direct debits in Europe... read more

12 Jan 22 @ 16:41

For years, payments investors focused on consumers’ switch to digital and mobile payments. More recently, investors have shifted to business to business (B2B) payments, where analysts see huge opportunities for... read more

10 Jan 22 @ 13:48

There is now some serious competitive pressure being placed on Banks to move to the new universal financial messaging standard ISO 20022. The overall shift in the payment industry to... read more

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

13 Dec 21 @ 11:05

Banque de France (BdF), Swiss National Bank (SNB) and Bank for International Settlements’ (BIS) Innovation Hub have successfully completed Project Jura, an experiment in cross-border wholesale CBDC, in collaboration with Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.... 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

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

09 Nov 21 @ 11:03

Following on from yesterdays article on mCBDC and cross-border payments, a second study, looking at the same problem from a different angle, has found deployment of blockchain for cross-border settlement... read more