All payments news

BNY Mellon to test real-time payment service

21 September 2016 New York
Reporter: Drew Nicol

BNY Mellon has upped the ante in the race to achieve efficient real-time payments, becoming one of the first participants to test the RTP system being developed by The Clearing House...

More banks join blockchain settlement network

19 September 2016 San Francisco
Reporter: Stephanie Palmer

Financial settlement solution provider Ripple has added six new banks to its network...

Currencycloud to offer easier euro payments

31 August 2016 London
Reporter: Stephanie Palmer

International payments solution Currencycloud is offering non-eurozone based clients euro-denominated bank accounts and direct access to European payments systems...

Nxt Core templates smart contracts

12 July 2016 Amsterdam
Reporter: Stephanie Palmer

Blockchain specialist the NXT Core Development Team has launched a suite of smart contract templates, designed to improve security and cut costs of coding for distributed ledger transactions...

CHAPS gains new direct participant

26 May 2016 London
Reporter: Stephanie Palmer

Northern Trust has become the latest institution to join the CHAPS high-value payment network as a shareholder and direct participant...

D+H: Faster payments are the future for US

29 April 2016 New york
Reporter: Stephanie Palmer

US financial institutions that do not embrace faster payments risk getting left behind in the long run, according to a D+H white paper...

EBA Clearing adds to SEPA payments offering

13 April 2016 Paris
Reporter: Stephanie Palmer

EBA Clearing has added an enhanced remittance information service for single euro payment area (SEPA) credit transfers to its pan-European clearinghouse platform STEP2...

Volante embarks on Turkish payments partnership

12 April 2016 Istanbul
Reporter: Stephanie Palmer

Volante Technologies has partnered with Payfessional to bring its VolPay product suite to the Turkish market...

Global banks collaborate on payment innovation

05 April 2016 Brussels
Reporter: Stephanie Palmer

SWIFT has launched its global payments innovation initiative, with 51 banks collaborating to improve the speed, transparency and predictability of cross-border payments...

EBA Clearing and SIA in real-time payments plan

11 February 2016 Paris
Reporter: Stephanie Palmer

Euro payment infrastructure service provider EBA Clearing has signed a letter of intent with SIA to develop a pan-European real-time payments infrastructure solution by Q4 2017...

BNY Mellon supports Canadian collateral financing first

20 January 2016 London
Reporter: Stephanie Palmer

Karson has completed the first K-Note reinsurance collateral financing transaction in Canada, supported by BNY Mellon...

Bitcoin a bust, says prominent developer

15 January 2016 Zurich
Reporter: Stephanie Palmer

Bitcoin developer Mike Hearn has declared the ‘experiment’ a failure, suggesting that division in the community has led to challenges that mean the currency is no longer a reasonable payments alternative...

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