All payments news

Volante and SIA team up to help increase digital payments adoption in Europe

15 June 2021 UK
Reporter: Becky Bellamy

The partnership will allow the banking and financial communities to send and receive payments in 10 seconds or less for a maximum amount currently set at €100,000 per individual transaction

EBA Clearing collaborates with Iberpay on new request-to-pay scheme

15 June 2021 Spain
Reporter: Maddie Saghir

Payment service providers and other service providers adhering to this new SEPA scheme may now exchange SRTP messages end to end, in split seconds and across Europe

Bank of England unveils ideas on new forms of digital money

11 June 2021 UK
Reporter: Maddie Saghir

Digital money in the UK considered to be systemic are those that have the potential to scale up and become widely used as a trusted form of sterling-based retail payments

Standard Chartered named settlement bank for the Euro in Buna

09 June 2021 Abu Dhabi
Reporter: Maddie Saghir

Standard Chartered has reached an agreement with the Arab Monetary Fund to serve as a settlement bank for the Euro currency in Buna, the cross-border payment system owned by the AMF

SWIFT: New technologies are driving ‘tectonic shifts’ in the payments landscape

11 May 2021 Belgium
Reporter: Maddie Saghir

New technologies, changing customer expectations, emerging players and evolving business models are driving tectonic shifts in the payments landscape, according to SWIFT and Accenture

Payments Canada selects Interac for Canada’s new real-time payments system

03 March 2021 Canada
Reporter: Maddie Saghir

The exchange solution provided by Interac will allow Payments Canada members participating in the RTR to send and receive RTR payment messages

FCA grants PSD2 license to Yolt Technology Services

16 February 2021 UK
Reporter: Maddie Saghir

With its new license, YTS can continue with payment services activities that include Payment Initiation Services and Account Information Services under its own independent FCA license as opposed to that of shareholder ING

EBA Clearing’s RT1 reaches critical mass in Belgian for instant payments

09 February 2021 Belgium
Reporter: Maddie Saghir

The pan-European instant payment infrastructure system now counts six participants based in Belgium: Aion SA, BNP Paribas Fortis, Belfius, CBC Banque, ING Belgium and KBC Bank

Volante collaborates with Citi for Global ISO 20022 Migration

19 January 2021 US
Reporter: Maddie Saghir

Provider in cloud payments and financial messaging Volante Technologies and Citi are extending their relationship to accelerate the bank’s adoption of the ISO 20022 financial messaging standard across its global payments operations

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