Articles with tag like: RTGS

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Consolidation in payments – upsides, downsides, challenges

Voice of the Industry | Online Payments | 09 Dec 2020

Marco Fava, Managing Director at CleverAdvice, makes a nuanced and detailed account of two of the most notable M&A stories of 2020 in the payments industry: Nexi-SIA and Worldline-Ingenico

Marco Fava, CleverAdvice, Nexi, SIA, Nets, Worldline, Ingenico, payments, online payments, mergers and acquisitions, merger, acquisition, Nexi Payments, Europe, Italy, France, Nordics, payments service provider, PSP, ATM management solutions, European Automated Clearing House Association, TARGET2, RTGS, Nexi SIA, Worldline Ingenico

RBI announces RTGS to run 24x7 from December 2020

News | Payments General | 12 Oct 2020

The Reserve Bank of India (RBI) has announced that online transfer of funds through real-time gross settlement (RTGS) will be available round-the-clock from December 2020, according to mint.

RBI, RTGS, Reserve Bank of India, real time gross settlement, India, online payments, transfers, funds, real time transfers, gross settlement, National Electronica Funds Transfer, NEFT, electronic payments, bank branches

Emirates NBD transforms its international payments operations with TCS BaNCS

News | Payments General | 14 Sep 2020

Emirates NBD, a Middle East-based financial services group, has successfully deployed a centralised international payments hub for multiple entities, running on TCS BaNCSTM for Payments.

RTGS, NEFT, while in UAE, Emirates NBD, Emirates Islamic Bank, banking, payments, real time payments, TCS BaNCSTM

Modulr becomes issuing member of Mastercard

News | Online Payments | 09 Sep 2020

UK-based fintech Modulr has joined Mastercard as a principal issuing member, granting it direct access to the global payments network.

Modulr, MasterCard, issuing partner, online payments, Confirmation of Payee, fraud prevention, Pay.UK, UK Faster Payments, real-time gross settlement, RTGS, payment settlement, United Kingdom, Europe

FSS updates its Smart Recon platform with Machine Learning and cloud support

News | Payments General | 08 Sep 2020

FSS (Financial Software and Systems), a global payment products provider and processor, has introduced critical increments to its Smart Recon platform.

ATM Recon, online commerce, wallets, instant payments, NEFT, RTGS, QR code payments, FSS, Financial Software and Systems, India

Bank of England selects Accenture for RTGS overhaul

News | Payments General | 03 Aug 2020

Bank of England has selected Accenture for the overhaul of its Real-Time Gross Settlement (RTGS) service.

Bank of England, Accenture, RTGS, data, payments

The Reserve Bank of New Zealand and SIA launch new financial market infrastructures

News | Payments General | 27 Feb 2020

The Reserve Bank of New Zealand (RBNZ) has announced that it went live with Real-Time Gross Settlement and Central Securities Depository applications provided by SIA.

The Reserve Bank of New Zealand, SIA, real-time gross settlement, RTGS, Central Securities Depository, CSD

Bank of Thailand reveals blockchain solution for digital currency project

News | Cryptocurrencies | 08 May 2019

Thailand’s central bank, Bank of Thailand (BoT), has built a blockchain-based prototype solution, in order to moved ahead with its digital currency project.

Thailand, Bank of Thailand, central bank, blockchain, digital currency, cryptocurrency, banks, partnership, banking, decentralised interbank, RTGS, CBDC, payments

SIA provides real-time gross settlement system in Denmark

News | Payments General | 18 Sep 2018

SIA has further strengthened its positioning in the Nordic countries, by providing Denmark’s Nationalbank with the new real-time gross settlement system, RTGS.

SIA, real-time, settlement, Denmark, RTGS, Nationalbank

Bank of England to revamp payment system to serve blockchain users

News | Payments General | 24 Jul 2018

The Bank of England has agreed that it needs a revamped payments system capable of hooking up with fintechs using distributed ledger technology (DLT), according to Reuters.

Bank of England, BOE, blockchain, payments, settlement, RTGS, fintech, UK

Banco Central do Brasil getting busy with blockchain R&D

News | Cryptocurrencies | 14 Nov 2017

Banco Central do Brasil is now developing proofs-of-concept on four different platforms, trailing Ethereum, JPMorgan`s Quorum and Hyperledger Fabric alongside its Corda work.

Banco Central do Brasil, blockchain, digital identity, Ethereum, JPMorgan, Quorum, Hyperledger Fabric, Corda, Brazil, RTGS, KYC