Tag: Clearing & Settlement

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RTGS.global signs pilot agreements for settlement service with three new banks

RTGS.global, a cross-border settlement fintech, enters pilot agreements with three new banks. The banks involved are Alif Bank and Bank Arvand from Tajikistan,...

European regulators agree on new rules for SEPA instant payments

Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments. Banks and payment service providers offering...

Wise temporarily pauses new business onboarding in Europe

Wise temporarily pauses business onboarding in Europe. High demand was cited as the reason for the onboarding freeze. UK businesses onboarding resumes, with...

European regulators agree on new rules for SEPA instant payments

New Rules for Instant Payments in EuropeEuropean Council and Parliament agree on rules for instant payments. Banks and PSPs offering standard euro...

European Payments Initiative completes acquisitions of iDEAL and Payconiq International

The European Payments Initiative (EPI) has acquired iDEAL, an online payment solution by Dutch payments processor Currence, and Payconiq International (PQI), a Luxembourg-based...

The US Federal Reserve proposes new single cap on interchange fees

The US Federal Reserve proposes a new cap on debit card interchange fees for transactions. The proposal aims to assess whether interchange fees...