Remove Interoperability Remove Multi-Currency Remove Real Time Gross Settlement (RTGS)
article thumbnail

Optimising Cross-Border Payments Globally: Shaping the Economy of Tomorrow

Fintech News

The State of Payment Infrastructures Modern payment infrastructure systems, such as India’s Unified Payments Interface (UPI) and South Korea’s Real-Time Gross Settlement (RTGS), are setting benchmarks by enabling real-time, cashless, and interoperable transactions.

article thumbnail

Banking Circle Enhances European Payment Capabilities with Swiss Interbank Clearing (SIC) Access

Fintech Finance

This latest development represents major progress in the bank’s mission to build a global payments platform with interoperability at its core and deliver instant, low-cost, scalable cross-border solutions across Europe. ” The CHF solution is live now, with full commercial rollout underway.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Banking Circle Now Provides Access and Account Infrastructure for 5 of 12 Major Currencies in Europe

The Fintech Times

Banking Circle , the global clearing provider, has made major progress in its effort to build a global payments platform with interoperability at its core, as it strengthens its embedded financial infrastructure with direct access to the Swiss National Bank ‘s Swiss Interbank Clearing (SIC) system.

article thumbnail

The payments regulation roadmap: Q2 2025

The Payments Association

Firms that support currency exchange as part of their payment services to consumers or microenterprises should review their customer disclosures in light of Consumer Duty requirements. The FCA appears to be preparing for supervisory action in this area.