Remove Correspondent Bank Remove Payment APIs and Integration Remove Settlement
article thumbnail

RT2: A strategic transformation for UK payment providers

The Payments Association

RT2: Renewed real-time gross settlement marks transformation for UK payment providers 9 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. Why is it important?

article thumbnail

Tietoevry Banking integrates Visa Direct to its Payment Hub

Fintech Finance

Tietoevry Banking today announced the integration of Visa B2B Connect, a Visa Direct offering, into its Tietoevry Payment Hub. For decades, cross-border payments between businesses have been fraught with obstacles and many of these problems have been getting worse.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. Eli Shoshani Eli Shoshani is Head of APAC at Bottomline , a leader in global business payments with extensive expertise in the region.

article thumbnail

Fedwire Migration: The Final ISO 20022 Milestone?

Finextra

0 30 July 2025 Be the first to comment Hussam Kamel Payments Architect Icon Solutions Location London Followers 0 Opinions 3 Follow Unfollow Global payments infrastructures have undergone a gradual but fundamental shift over the past decade: Moving away from legacy formats to adopt ISO 20022, the now de facto global standard for financial messaging.

article thumbnail

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

Finextra

China’s Cross-border Interbank Payment System (CIPS) is rapidly emerging as a central artery in the internationalization of the Renminbi (RMB), offering a robust infrastructure for cross-border settlements and reshaping how global institutions engage with China’s markets. What Is CIPS and Why Does It Matter?

article thumbnail

Key considerations for the adoption of digital currencies

Finextra

They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. The DLT network provides a highly secure and reliable platform for the exchange of the digital currency as part of clearing and settlement. The transfer volume of stablecoins hit highs of $717.1

article thumbnail

LHV becomes first UK bank to join RT1 platform directly

Finextra

Home Announcements Payments LHV becomes first UK bank to join RT1 platform directly External This content is provided by an external author without editing by Finextra. This milestone enhances LHV’s cross-border payment offering and makes real-time euro payments possible through SEPA Instant.