The Payments Association

JUNE 9, 2025

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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CB Insights

NOVEMBER 5, 2020

Meanwhile, major banks such as BBVA and Commonwealth Bank of Australia have already launched “tokenized” bond initiatives where DLT is used to prove ownership of assets. Primary markets: Companies in this category focus on the tokenization of real assets — which refers to tracing ownership using DLT tech like blockchain.

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Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 98

PYMNTS

DECEMBER 16, 2019

central bank to consider modeling FedNow after the Unified Payments Interface (UPI) framework used in India, The Economic Times (ET) reported on Sunday (Dec. FedNow is the new interbank real-time gross settlement (RTGS) service that will offer integrated clearing functionality for faster digital payments.

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FedNow Real Time Gross Settlement (RTGS) Federal Reserve Payment APIs and Integration 57

PYMNTS

DECEMBER 14, 2017

In India, Axis Bank launched a blockchain-powered global payment service, developed using Ripple’s real-time gross settlement (RTGS) solution, to facilitate payments between businesses in Southeast Asia and the Middle East. Retail customers can now use the service to receive payments from the UAE’s RAKBANK.

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Real Time Gross Settlement (RTGS) Cross-Border Payment APIs and Integration API 46

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The pilot results showed that RCBDC could support access and integration for bank and non-bank FSPs, addressing existing pain points in the payment infrastructure.

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CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 125

The Payments Association

APRIL 14, 2025

Key developments include progress on stablecoin regulation with draft legislation anticipated, advancements in open banking and variable recurring payments (VRPs), outcomes from the PSR's review on card fees, and the introduction of buy now pay later (BNPL) legislation in Parliament.

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Regulations ISO 20022 Cross-Border Legal 88