Find here all the latest articles, news, and research on Settlement and other Settlement-related topics:
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The Pan-African Payment and Settlement System (PAPSS) has signed Memorandums of Understanding with five African multinational commercial banking groups.
partnership, banks, settlement, payments
Cindy Turner, Vice President and General Manager, PayPal Braintree, discusses the efficiency of payment orchestration when it comes to simplifying integrations and empowering businesses to focus on growth, while also focusing on exceptional customer experience.
payments orchestration, merchant, online payments, digital payments, payments infrastructure, fraud prevention, reconciliation, settlement, PCI compliance, compliance, PSP, local payment method, checkout optimisation , payment methods, authorisation rate
Payments automation platform offering the infrastructure for commerce experiences Primer has announced a partnership with real-time payments gateway, Volt.
partnership, Open Banking, fintech, paytech, real-time payments, account-to-account payment, banking, merchants, ecommerce, settlement, instalment payments
Financial Market Infrastructure (FMI) for cross-border settlements RTGS.global has partnered with MDO Humo and Credo Bank to simplify cross-border payments.
partnership, financial services, banks, settlement, instant settlement, cross-border payments, liquidity, fintech, banking, digitalisation, digital banking, financial inclusion, payments , B2B payments, FX
All members of the Asian Clearing Union have agreed to move towards local currency settlement in a bid to reduce dependence on the US dollar.
partnership, trade finance, settlement, transactions
Payment processor Total Processing has announced a partnership with A2A payment infrastructure provider Token.io to offer Open Banking-enabled payments to European customers.
partnership, product launch, account-to-account payment, Open Banking payments, payments , fintech, paytech, merchants, ecommerce, payment gateway, money transfer, settlement, instant payments, payment processing
Real-time payments gateway Volt has announced that it was approved by global commerce company Shopify as a global Open Banking partner.
partnership, Open Banking, payments , real-time payments, account-to-account payment, instant payments, fintech, paytech, banking, digital payments, digitalisation, settlement, ecommerce, merchants
Woolworths Group’s payment firm Wpay has chosen account-to-account payments fintech Zepto to power its PayTo solution via the New Payments Platform (NPP).
partnership, PayTo, fintech, real-time payments, digital payments, banking, account-to-account payment, payment methods, retail, ecommerce, merchants, settlement, reconciliation, paytech
Sweden-based instant bank payments fintech Brite Payments has announced the launch of its Instant Payments Network to power instant payments and payouts across Europe.
product launch, instant payments, account-to-account payment, payments , Open Banking, fintech, SEPA, real-time payments, merchants, ecommerce, financial services, FX , reconciliation, automation, banking, settlement, payout
Singapore-based Tazapay has partnered with India-based payments and API banking company Cashfree Payments to enable cross-border payments for Indian exporters.
partnership, payments , cross-border payments, merchants, ecommerce, settlement, remittances, financial services, fintech, cash management, export, bank account, banking, API
CBDCs can offer economic benefits, but require secure CBDC infrastructure, effective education, and communication. Thibault Pelé, Product Manager at Worldline, discusses the adoption of CBDCs across the world and its struggles, which could be used as case studies for other central banks diving into the trend.
CBDC, banks, mobile banking, online banking, digital banking, central bank, financial inclusion, instant settlement, settlement, e-wallet, digital wallet, digital payments, payments , online payments, mobile payments
Revolut has partnered with Germany-based fintech Upvest to provide its end users with fractional ETF and European stock trading throughout Europe.
partnership, banking, digital banking, neobanks, super app, investment, trading platform, trading, API, ETF, retail, settlement, fintech, stocks, financial services, transactions
Banking Circle has joined the UK Faster Payments Service (FPS) as a direct participant for GBP, aiming to build a super-correspondent bank for global B2B payments.
product launch, banking, fintech, B2B payments, merchants, marketplace, FPS, payments , real-time payments, PSP, financial services, financial institutions, cross-border payments, digital banking, direct clearing, settlement
Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have announced the commercial launch of Indonesia – Malaysia cross-border QR payment linkage for instant retail payments.
partnership, product launch, QR code, QR payments, DuitNow QR, QRIS, cross-border payments, instant payments, merchants, payment methods, fintech, financial inclusion, travel payments, retail, ecommerce, settlement, SMEs
Hong Kong Exchanges and Clearing Limited has welcomed the launch of Swap Connect, a mutual access programme between Hong Kong and China’s interbank interest rate swap markets.
trading platform, settlement, partnership, clearing house
Digital payments infrastructure provider PPRO has partnered with NPCI International Payments Limited (NIPL) to offer global partners access to UPI for cross-border transactions.
partnership, cross-border payments, cross-border ecommerce, UPI, real-time payments, digital payments, payment methods, expansion, fintech, ecommerce, merchants, PSP, financial services, platform, online shopping, instant payments, settlement, transactions
Formerly known as SaltPay, UK-based business solution provider for SMEs, Teya, has recently announced its launch in Europe.
online payments, SaaS, mobile payments, payment processor, recurring payments, POS, eftpos, mPOS, reconciliation, settlement, payments infrastructure, instant payments, payment methods, e-wallet, digital wallet, digital payments, SMEs
Andy White, the CEO of AusPayNet, elaborates on the purpose and benefits of the ISO 20022 migration programme in Australia, while also exploring what the future holds for cross-border payments.
ISO 20022, cross-border payments, financial institutions, settlement, regulation, SWIFT
Nigeria-based payments infrastructure Kora has announced the launch of USD card-acquiring in Africa, looking to enable merchants on its platform to accept payments in USD.
product launch, cross-border payments, payment methods, payments , online payments, merchants, ecommerce, payin, payout, settlement, API, B2B payments, expansion, marketplace, mobile money, bank transfer, financial services, fintech
The Bulgarian National Bank (BNB) and the Bulgarian banking community have migrated to the T2 wholesale payment system on 20 March 2023.
central bank, payments infrastructure, cash flow, settlement, fintech