PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. 16) that its cross-border platform will be retooled to enable financial institutions to deliver instant transactions. SWIFT said the planned platform will leverage its reach across more than 11,000 institutions in 200 countries.

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Cross-Border SWIFT Cross-Border Payments Value Added Service 139

PYMNTS

MARCH 17, 2020

While some geographies have opted to collaborate with the private sector to develop their own national instant payment networks, others are adopting solutions like RippleNet and SWIFT gpi to modernize their banks’ capabilities. Hungary Welcomes Instant Payments. Curacao Takes Steps Toward Instant Payments.

Instant Payments 98

Instant Payments Payment Networks Cross-Border Payments Cross-Border 98

Fintech Finance

OCTOBER 21, 2024

Thunes , the Smart Superhighway to move money around the world, today announced its proprietary Direct Global Network now provides banks with access to over 3 billion mobile wallets around the world via their existing Swift connectivity.

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SWIFT Cross-Border Payments Cross-Border Instant Payments 97

PYMNTS

OCTOBER 1, 2020

SWIFT , a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized businesses (SMBs) and consumers who send low-value payments across borders. SWIFT said this latest improvement is another building block for its new strategy.

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Cross-Border Payments Cross-Border SWIFT Payments 113

PYMNTS

JANUARY 12, 2021

It also analyzes how these shifts could create more opportunities for nontraditional lenders, especially those that have embraced digital or instant payment methods. Payors surveyed stated that they made only 45 percent of all their disbursements via non-instant payment methods, in fact. adopt digital disbursement tools.

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Instant Payments Non-Bank Payments SWIFT 95

Fintech Finance

AUGUST 2, 2024

ComplyTek introduces an advanced transaction screening solution for instant payments , designed to ensure compliance and mitigate fraud within the critical 10-second processing window. Are you ready for the instant payments regulation? For more information, visit ComplyTek’s transaction screening page.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

PYMNTS

DECEMBER 2, 2020

Belgium-headquartered payments solution provider SWIFT is introducing a new service for real-time cross-border payments and transfers called gpi Instant. He added that SWIFT’s gpi Instant targets four main issues: “speed, security, transparency and compliance.” Global payments routed to the U.K.

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SWIFT Cross-Border Cross-Border Payments Faster Payments 102

PYMNTS

OCTOBER 15, 2020

BBVA participated in an experimental payment effort to connect the SWIFT gpi with Britain’s countrywide instant payment infrastructure, and the results were shown at the Sibos conference, according to a Thursday (Oct. 15) announcement.

Instant Payments 72

Instant Payments Participant SWIFT Faster Payments 72

Fintech Finance

FEBRUARY 6, 2025

ACI processes account-to-account payments for hundreds of PSPs in Europe and the UK with market-leading instant payments solutions. VOP service is a pan-European regulatory requirement as part of the new European Instant Payment Regulation, which all PSPs must adhere to by October 2025.

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Instant Payments Verification FinTech 59

The Fintech Times

JUNE 19, 2024

Small and medium enterprises (SMEs) across the European Union currently feel positive about the EU’s Instant Payments Regulation, with many expecting it to save them money, improve cashless, as well as their competitiveness; according to new research by financial messaging network Swift.

Instant Payments 59

Instant Payments SWIFT Cross-Border Payments Regulations 59

Payments Source

MAY 21, 2019

Seven European banks are testing Swift's Global Payments Innovation real-time cross-border payments through the continent's Target Instant Payment Settlement process.

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SWIFT Settlement Cross-Border Payments Cross-Border 76

Finextra

JULY 4, 2024

At EBAday 2024, Marianne Demarchi, Chief Executive Europe, Middle East & Africa, Swift, focused on the incoming Instant Payments Regulation and Swift's recently released research on SMEs and cross border payments.

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Interoperability Instant Payments Cross-Border Payments Cross-Border 59

PYMNTS

DECEMBER 4, 2018

The payment messaging entity SWIFT this past week began implementing its SWIFTNet Instant service that is tied to the Eurosystem’s TARGET Instant Payment Settlement service. The service, as has been reported, lets customers make instant payments from inside the Single Euro Payments Area (also known as SEPA ).

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Instant Payments ISO 20022 SWIFT ISOs 50

PYMNTS

OCTOBER 16, 2020

In today’s top news in digital-first banking, Mizuho Bank, JCB and Fujitsu will pilot a blockchain-based identification system, while BBVA participated in an instant payments experimental effort in the U.K. BBVA Participates in Pilot for Instant Payments in Britain. Former HSBC Exec Heads to Facebook's Libra as CFO.

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Instant Payments Blockchain Central Bank SWIFT 85

The Paypers

JUNE 24, 2024

Swift has released research findings indicating positive sentiment among SMEs in the European Union towards the EU’s Instant Payments Regulation.

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Instant Payments SWIFT Regulations Payments 50

Payments Source

JUNE 15, 2017

The Society for Worldwide Interbank Financial Telecommunication plans to add instant payments messaging for the European market by late 2018, marking another step in its ongoing faster payments projects.

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Instant Payments SWIFT Payment Message Faster Payments 60

PYMNTS

OCTOBER 16, 2020

It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools to speed up business-to-business (B2B) disbursements and payments. How Visa, FIS, TCH, SWIFT, Nacha And Circle See The Future Of Faster, Real-Time Payments Rails .

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Instant Payments Card Issuer Online and Mobile Banking Federal Reserve 95

PYMNTS

OCTOBER 16, 2020

The pandemic appears to be pushing many toward other methods, however, with studies revealing a rising number of companies reporting interest in real-time or instant payment methods. Interest in the Real-Time Payments (RTP) system from The Clearing House (TCH) is growing in the U.S., Breaking Away From Checks .

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Instant Payments Treasury Real Time Payments Checks 76

PYMNTS

NOVEMBER 30, 2018

SWIFT , a payment messaging firm based in Belgium, began implementing its SWIFTNet Instant service for the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service on Friday (November 30), when the first banks using it went live, according to a report by the company.

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PYMNTS

OCTOBER 15, 2020

Panel members included Russ Waterhouse , EVP at The Clearing House; Mike Kresse , SVP card and money movement at FIS; Jane Larimer , CEO at Nacha; David Scola , chief executive, Americas and UK at SWIFT; and Jeremy Allaire , CEO at Circle. But the faster payment systems are showing advantages, too, he said. Moving Beyond ACH .

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Real Time Payments NACHA SWIFT TCH 125

Fintech Finance

OCTOBER 30, 2024

” – Lilly Pavlou, Executive Director at QUBE Events.

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AML Compliance Money Laundering Payments 98

The Fintech Times

JULY 2, 2025

Belgian banks have become the first in the Eurozone to go live with Verification Of Payee (VOP), ahead of the October 2025 deadline set by the EU Instant Payments Regulation. European VOP provider SurePay has also become the first vendor live with VOP in Belgium.

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Payee Verification Cross-Border Payments Cross-Border 59

PYMNTS

JANUARY 4, 2019

The new year dawned with individual country and company initiatives tied to instant payments, and moving beyond cash transactions. 3) that, in Hungary, commercial banks have started a test phase for a domestic instant payments system, with a “go live” date slated for July 1.

Instant Payments 67

Instant Payments Funds Transfer Online and Mobile Banking Payments 67

Fintech News

MAY 29, 2025

ACI Worldwide has unveiled ACI Connetic , a new cloud-native platform designed to streamline payment processing for banks and financial institutions. The platform integrates multiple payment types, including Swift cross-border payments, real-time gross settlement systems like Target2, and SEPA Instant payment networks such as RT1 and TIPS.

Payment APIs and Integration 62

Payment APIs and Integration Cross-Border Payments Federal Reserve SWIFT 62

PYMNTS

APRIL 29, 2019

Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. A London-based manufacturer can’t rely on the U.K.’s Current Efforts .

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Interoperability ISO 20022 Instant Payments Cross-Border 77

PYMNTS

APRIL 24, 2019

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a payment messaging firm, has chosen Javier Pérez-Tasso as its new chief executive officer, according to a press release. Pérez-Tasso joined SWIFT in 1995, and in 2015 was appointed as chief executive for the Americas and U.K.

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SWIFT Cross-Border Payment Message Instant Payments 67

PYMNTS

MARCH 21, 2019

SWIFT announced Thursday (March 21) that six Spanish banks, representing 85 percent of the cross-border payments market in Spain, have adopted SWIFT global payments innovation or gpi. SWIFT gpi enables banks to conduct end-to-end tracking of the cross-border payment.

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Cross-Border Payments Cross-Border SWIFT Payments 66

PYMNTS

OCTOBER 21, 2018

SWIFT announced Sunday (October 21) successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore, Thailand and Australia. The linkage was achieved by participant banks like National Australia Bank processing incoming SWIFT gpi payments onward as NPP instant payments.”.

Cross-Border Payments 64

Cross-Border Payments Cross-Border SWIFT Real Time Payments 64

The Fintech Times

MAY 3, 2025

Cross Rivers solution offers businesses a range of payment pathwaysfrom SWIFT for secure, standardised cross-border transactions to local bank rails optimised for domestic B2B and B2C transfers. This ensures businesses and consumers benefit from faster processing times so consumers receive their money when and where they need it.

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International Payments Cross-Border Cross-Border Payments Same Day ACH 69

Fintech News

JUNE 16, 2025

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. What is Project Nexus, and how does it address today’s cross-border payment challenges?

Cross-Border Payments 77

Cross-Border Payments Cross-Border APACS ISO 20022 77

The Fintech Times

OCTOBER 19, 2024

Broadridge Financial Solutions , the investor communications and technology-driven solution provider, has launched a new managed service for connectivity, message processing and workflow management for instant payments.

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Instant Payments SWIFT Payer Request for Payment 52

PYMNTS

APRIL 1, 2019

percent: Projected CAGR of the real-time payments market from 2018 to 2023. 67 percent: Share of Australians slated to use real-time payments by 2023. 23 billion: Number of payments the ACH network processed in 2018. percent: The growth in payments volume via the ACH network between 2017 and 2018. $40

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Instant Payments ACH Network Real Time Payments Faster Payments 72

Fintech Finance

JANUARY 24, 2024

It is also possible to process instant payments in Switzerland in Swiss francs. Instant payments are processed via the scalable Payments Back-Office processing platform from Worldline that was previously integrated into Commerzbank’s banking systems. The Swiss market is an important focus for Commerzbank.

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Instant Payments Payments SWIFT Process 59

Fintech Finance

JULY 1, 2025

Belgian banks are the first in the Eurozone to go live with Verification Of Payee (VOP), well ahead of the October 2025 deadline set by the EU Instant Payments Regulation. With this milestone, SurePay , Europe’s largest VOP vendor, officially welcomes Belgium into its rapidly growing European VOP community.

Payee 52

Payee Verification Cross-Border Payments Cross-Border 52

Finovate

APRIL 17, 2025

This optimizes payment execution efficiency across multiple banking partners for Swift, SEPA, and UK Faster Payments. Second, Argentex will leverage advanced reconciliation capabilities to ensure accurate financial record-keeping and operational accuracy of both cross-border payments and associated FX trades.

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Risk Management Risk Multi-Currency Reconciliation 59

PYMNTS

NOVEMBER 17, 2019

We involve our clients in the developments and give them the option of choosing the type of payment processing that works for them.”. At the beginning of the year, SWIFT revealed that it was expanding its gpi for Corporates (g4C) initiative, and added BELLIN to its roster of early adopters of the tool.

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Instant Payments Real Time Payments SWIFT Treasury 64

Finextra

JUNE 10, 2025

The technology is designed to address the various cross-border payments challenges currently faced by businesses in the US, such as the high transaction costs and lengthy timescales associated with Swift.

Acquirers 64

Acquirers Payment APIs and Integration FinTech Cross-Border Payments 64