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EPC Selects Swift for the EPC Directory Service

Fintech Finance

The European Payments Council (EPC) is pleased to announce the start of the delivery project for the EPC Directory Service (EDS), after selecting Swift as supplier for the development and operations of the EDS and after signing an agreement at the end of 2024.

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PayFuture Granted Full Approval for EU EMI License

Fintech Finance

PayFuture can offer instant, direct SEPA and SWIFT access, issue e-money, provide IBAN accounts along with a broader suite of localised payment solutions. These capabilities will help merchants streamline their international transactions, reduce friction in cross-border payments, and accelerate growth in new regions.

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Orbital Partners With ClearBank Europe to Bridge Real-Time Euro Payments Across SEPA and Stablecoins

Fintech Finance

Cross-border payments using rails like SWIFT are too expensive, too slow, and too opaque for enterprises trading with and across Europe. By partnering with ClearBank Europe, Orbital group gains direct access to real-time euro clearing, named IBANs, and SEPA infrastructure with full AML and KYC checks to ensure compliance.

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Clear Junction Named as One of Europe’s Fastest Growing Companies for Second Year Running

Fintech Finance

The company now operates in over 100 countries and territories, processes more than €50 billion in payments annually, serves over 300 financial institutions worldwide, and supports more than 10 million end customers with virtual IBANs – reinforcing its role as a trusted leader in cross-border payments.

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Navigating the shift: How banks and PSP’s can thrive with PSD3 and PSR in the EU & UK

The Payments Association

Automated IBAN-name checks will also be required to comply with the new regulations. Transaction monitoring and exchange of fraud-related data: To combat fraud effectively, banks and payment service providers must monitor transactions and share fraud-related data to detect early signs and respond swiftly.

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Clear Junction Named as One of Europe’s Fastest Growing Companies for Second Year Running

Fintech Finance

The company now operates in over 100 countries and territories, processes more than €50 billion in payments annually, serves over 300 financial institutions worldwide, and supports more than 10 million end customers with virtual IBANs – reinforcing its role as a trusted leader in cross-border payments.

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Stablecoins to streamline Cross Border Payments

Finextra

Reduce the cost of cross border payments by: The arrival of regulated stablecoins would simplify: Reducing the 4 correspondent banks payment networks, serviced largely by SWIFT, to 2 either of which may not be a bank Reduce regulatory friction as the stablecoin has a main regulator Use of ISO 20022 additional information would reduce failures or delays: (..)