SmartStream’s TLM Reconciliations Premium Digital Payments Control aims to streamline various tasks including reconciliations, settlement, fee computation, and dispute resolution
The new service will enable payment service providers (PSPs) operating in SEPA to process incoming and outgoing international credit transfers through RT, says EBA Clearing
These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by £FPS in the Bank of England’s RTGS system
The scheme is expected to allow financial institutions to leverage the benefits of domestic instant payment systems globally while continuing to use existing rails and enabling outgoing flows
Global payments company Volante Technologies has secured US$66 million in debt and equity financing in an investment round led by Sixth Street Growth, the technology investing arm of Sixth Street
The Global Legal Entity Identification Foundation has welcomed the Bank of International Settlements’ Committee on Payments and Market Infrastructures’ advocation for use of the Legal Entity Identifier within ISO 20022 payments
The requirements have been determined by a joint task force consisting of the BIS Committee on Payments and Market Infrastructures and the private sector Payments Market Practice Group
Guide regulations cover regulatory frameworks and licensing schemes across key markets in Asia to help corporates and fintechs navigate evolving global payments landscape
