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All payments news

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European banks line up for real-time payments launch


10 October 2017 Paris
Reporter: Theo Andrew

The first group of users are currently testing the platform’s connectivity, as it prepares for a “real-time payments ramp-up in Europe”, with banks including BBVA, CaxiaBank and UniCredit, a company statement said
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ECB to launch new faster payments system


22 June 2017 Frankfurt
Reporter: Stephanie Palmer

The European Central Bank (ECB) is expanding its TARGET 2 instant payments system to facilitate retail payments throughout Europe
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SIA to provide Icelandic payments update


13 April 2017 Reykjavík
Reporter: Stephanie Palmer

The Central Bank of Iceland has selected technology infrastructure provider SIA to implement and support its new real-time gross settlement system and instant payment platform
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PayCommerce hails successful instant payments test


31 January 2017 Edison, New Jersey
Reporter: Stephanie Palmer

Cross-border payments network PayCommerce has completed the first payment, clearing and settlement using its Federated Ledger blockchain technology...
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EBA and SIA launch instant payments testing


19 January 2017 Milan
Reporter: Stephanie Palmer

Testing has gone live for EBA Clearing’s pan-European instant payment infrastructure, before its scheduled go-live date in November...
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SWIFT tests blockchain for cross-border payments


12 January 2017 La Hulpe
Reporter: Mark Dugdale

SWIFT is exploring whether banks can use distributed ledger technology to improve the reconciliation of their nostro databases in real time to optimise their liquidity globally...
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HSBC helps work towards cash-free India


29 November 2016 Pune, India
Reporter: Stephanie Palmer

HSBC India has launched a new unified payments interface (UPI) solution for corporates in the country...
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Accuity and Kyriba pair up on payments screening


12 October 2016 London
Reporter: Stephanie Palmer

Data and software provider Accuity has partnered up with Kyriba, a provider of cloud-based payment and risk management solutions to develop a global payments sanctions screening service...
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Currencycloud covering APAC


11 October 2016 London
Reporter: Stephanie Palmer

International payments innovator Currencycloud is extending the reach of its system to six new countries in the Asia Pacific region...
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LCH signs up first Australian PPS


30 September 2016 London
Reporter: Mark Dugdale

The Commonwealth Bank of Australia has become LCH’s first Australian Protected Payments System bank...