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European Central Bank (ECB), in collaboration with Sveriges Riksbank, has announced it is launching an investigation into how the platform could support low-cost instant cross-currency transactions.
ECB, European Central Bank, tips, Target Instant Payment Settlement, instant payments, Sweden, Europe, digital payments, real-time low cost payments, merchant payments, ecommerce, consumer goods payments
ACI Worldwide, a global provider of real-time electronic payment and banking solutions, has announced support for the new pan-European TARGET Instant Payment Settlement (TIPS) scheme.
ACI Worldwide, tips, Target Instant Payment Settlement, instant payments
Natixis Payments has selected Swift to provide connectivity to Target Instant Payment Settlement within the Single European Payments Area (SEPA).
Natixis Payments, SWIFT, instant payments, Single European Payments Area, Target Instant Payment Settlement, tips, SEPA, EBA Clearing RT1