Articles with tag: settlement system

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Central Bank of Brazil starts testing settlement infrastructure for instant payments

16 Apr 2020 | Payments General

The Central Bank of Brazil has started a new phase in the testing process for Pix, the upcoming national instant payments platform.

Central Bank of Brazil, Pix, instant payments, cashless payments, real time payments, Brazil, settlement system

Building a real-time gross settlement system, or how to innovate in faster payments

04 Dec 2019 | Payments General

Falk Rieker, Global Head of IBU Banking at SAP sat down with The Paypers, to talk about the RTGS platform, which will run on the SAP Payment Engine application

Falk Rieker, SAP, R3, Corda, Accenture, real-time gross settlemen, RTGS platform, payment engine application, fintehc, settlement system, payments, \b2b payments, Corda platform, blockchain,

Vocalink and LINK extend payments settlement partnership until 2031

28 Oct 2019 | Online Payments

US-based Vocalink, a Mastercard company, has signed a new contract with UK-based interbank network LINK to provide settlement services until 2031.

Vocalink, LINK, partnership, Faster Payments, Bacs, LINK, and Cheque & Credit Clearing Company, SWIFT, Transmission Solution (STS) Gateway Product, settlement system, ATM, online payments, UK, United Kingdom, Europe, Current Account Switching Solution, CASS

Accenture and SAP build blockchain real-time payments settlement system

28 Oct 2019 | Payments General

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

12.7 mln Nigerians use instant payments

22 Feb 2019 | Online Payments

12.7 million Nigerians have driven the volume and value of instant payment transactions in the country, according to New Telegraph.

Nigeria, instant payments, Nigeria Interbank Settlement System, internet banking

E-payment transactions hit NGN 56.85 tln in Nigeria

09 Jan 2019 | Payments General

Nigerian Interbank Settlement System (NIBSS) has indicated that Nigeria’s e-payment services recorded transactions worth NGN 56.85 trillion in 2018.

E-payments, Nigeria, ATM, card, Nigerian Interbank Settlement System, electronic bills payments

Ghana Interbank Payment and Settlement System to release ecommerce payment solution

03 Jan 2019 | Ecommerce

The Ghana Interbank Payment and Settlement System (GhIPSS) has announced that it will roll out an ecommerce payments solution in 2019.

Ghana Interbank Payment and Settlement System, ecommerce, payments, Ghana

Singapores Exchange and Monetary Authority develop blockchain settlement system

13 Nov 2018 | Cryptocurrencies

Singapore Exchange (SGX) together with the country’s Monetary Authority (MAS) have developed a settlement system for tokenized assets that can work across different blockchains.

Singapore Exchange, SGX, blockchain, settlement system, digital assets, project Ubin, partnership, Singapore