Remove Correspondent Bank Remove Liquidity Management Remove Real Time Gross Settlement (RTGS)
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RT2: A strategic transformation for UK payment providers

The Payments Association

Payment providers to strategically invest in ISO 20022 implementation, API integration, and service innovation to fully leverage RT2’s capabili The launch of RT2, the renewed Real Time Gross Settlement (RTGS) service, on 28 April 2025 marks a significant milestone for the UK’s payments infrastructure.

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Unlocking the Future of Global Payments: A Deep Dive into China’s CIPS

Finextra

CIPS, established under the approval of the People’s Bank of China, is a wholesale payment system dedicated to cross-border RMB transactions. Notably, foreign banks can become direct participants, opening dedicated accounts and obtaining unique CIPS codes. How Does CIPS Operate?