Real Time Gross Settlement System News

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ECB to conduct independent review of payments system outage

News | Payments General | 18 Nov 2020

The European Central Bank (ECB) will launch an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23 October 2020.

European Central Bank, ECB, real-time gross settlement system, TARGET2, payments , Eurosystem, banks, Central banks

Accenture and SAP build blockchain real-time payments settlement system

News | Payments General | 28 Oct 2019

Accenture, US-based accounting software provider SAP, and R3’s Corda platform have announced working on a real-time gross settlement system.

Accenture, accounting, SAP, R3, Corda platform, real-time gross settlement system, payments , partnership, blockchain, distributed ledger technology, payments settlement, government-issued payments, electronic funds transfers, bank transfer