As part of the mandate, HCLTech will combine its digital and engineering services capabilities with Volante’s payments solutions and low-code financial platform
BIS Innovation Hub Singapore Centre has used the Nexus prototype to connect the test versions of three established ISPs, from the Bank of Italy, Central Bank of Malaysia and Monetary Authority of Singapore
The first EUR operations were successfully transmitted to and cleared in the Polish component of the system TARGET-NBP yesterday (20 March)
Working alongside central banks from Israel, Norway and Sweden, the PoC evaluates the technical feasibility of making cross-border and cross-currency payments between retail CBDC systems
64 per cent of 400 payment executives interviewed said they are negatively impacted by a broken payment system
The product is being designed in advance of Shieldpay’s plans to scale its operations, which currently include the provision of B2B payments to legal and professional service firms, financial services and technology platforms
The decision comes in response to feedback from CHIPS participants and follows similar reschedules by other global payments network providers
