Remittance

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Citi Bank and JP Morgan set up trials for cross border transfers with blockchain

12 Apr 21 @ 15:36

As we see the market place shifting to a more trusting view on blockchain technology, both Citi Bank and JP Morgan have both announced trial of the technology for cross... read more

Digital and Card Payments Yearbooks Interview: European Payments in 2021

18 Mar 21 @ 16:47

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Ripple and Moneygram end partnership over SEC battle

11 Mar 21 @ 12:51

Ripple says its partnership with MoneyGram is to end by mutual agreement. Several weeks ago MoneyGram said it had stopped using Ripple’s On Demand Liquidity (ODL) solution for the four currencies where it was... read more

Diem to launch stablecoin payment solution for institutions, merchants and payment networks

09 Mar 21 @ 09:36

Diem has announced partnership with Fireblocks to launch a new payment solution for institutions, merchants and payment networks, across the global stablecoin and payments system formerly known as libra. The... read more

Banking Circle identifies evidence of increased costs for EUR payments from UK as a result of Brexit

22 Feb 21 @ 15:15

Banking Circle has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks... read more

SWIFT and PBoC set up JV for internationalisation of digital yuan

08 Feb 21 @ 17:33

SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... read more

ACH Network sees record growth in 2020 to 26.8 billion payments

04 Feb 21 @ 17:15

Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on the ACH Network... read more

Cross-border real-time payment tracker for both payers and payees

22 Jan 21 @ 12:50

iBanFirst has launched a ‘Payment Tracker’ – a real-time payment-tracking service that sets new transparency standards for the payments industry. Rolled out to both payers and payees, this unique feature... read more

Banking Circle supports merchants ahead of the big Christmas sales push

02 Dec 20 @ 11:10

Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... read more

EPC publishes first SRTP scheme rulebook

01 Dec 20 @ 16:28

Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC has published the first version of the Single Euro Payments Area... read more

Novalnet partners with Banking Circle

01 Dec 20 @ 12:36

Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking... read more

SEPA instant payments for corporates are gaining traction in Europe

18 Nov 20 @ 10:10

Since the launch of the SEPA Instant Credit Transfer Scheme (SCT Inst) in 2017, major European banks such as BNP Paribas have supported instant payments for domestic cases. Some of... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more