The Eurosystem operates two systems that form the backbone of the financial market infrastructure in Europe – TARGET (the real-time gross settlement (RTGS) system for […]
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What does the future hold for US domestic payments?
It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, […]
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Strong commitment for pan-European instant payment launch
EBA CLEARING has announced that close to 40 financial institutions operating across SEPA have committed to supporting and funding the development and implementation of its […]
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ACI enables PSPs and challenger banks to access UK Faster Payments
ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger […]
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Swift hack probe expands – North Korea blamed
Investigators are examining possible computer breaches at as many as 12 banks linked to Swift’s global payments network that have irregularities similar to those in […]
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Why did M-Pesa fail in South Africa?
South Africa’s largest mobile operator Vodacom recently announced it will be scrapping its M-Pesa mobile money transfer system in Africa’s second-biggest economy. For many pundits […]
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