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.
Finextra
JULY 8, 2025
Unlike traditional mechanisms, CIPS provides both real-time gross settlement (RTGS) and deferred net settlement (DNS) modes, enabling financial institutions worldwide to clear and settle RMB transactions across time zones. How Does CIPS Operate?
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Fintech Finance
JUNE 17, 2024
It will also explore additional features that could form part of an SO’s offering, such as those that could help reduce the liquidity needs of participants.
Finextra
JUNE 30, 2025
The potential applications and use cases DLT-based digital currencies introduce a new settlement mechanism for faster, lower cost and more efficient transactions. A typical use case is the clearing and settlement of international payments.
PYMNTS
FEBRUARY 21, 2019
As has been reported, the European Payments Council said in November that it had launched a new SEPA instant payment scheme across P2P and B2B payments, among other offerings, settling transactions within seconds among participating countries. Faster Payments In Asia. In Canada, Payments Canada said on Wednesday (Feb.
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.
PYMNTS
NOVEMBER 14, 2018
A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury. This adoption curve is likely to repeat itself in a real-time payments environment, the report predicted. What does that mean for liquidity? Not much — yet.
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