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EBA CLEARING, TCH, SWIFT to test Immediate Cross-Border Payments (IXB)

The Paypers

EBA CLEARING , The Clearing House (TCH) , and SWIFT have announced that they are to deliver the Immediate Cross-Border Payments (IXB) pilot service.

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

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. Moving Beyond ACH .

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SWIFT Gears Up For Trade Via Blockchain

PYMNTS

Financial messaging service SWIFT said this past week that it has fashioned a partnership with R3 , a blockchain startup. The partnership will integrate the R3 platform into the SWIFT global payments innovation (gpi) offering. I think that today, that is not what SWIFT is.”. CNBC noted that R3 competes with Ripple.

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Deep Dive: Making Instant Payment Schemes Universal And Interoperable

PYMNTS

An interoperable cross-border solution could remove these frictions and provide smooth transfers between two real-time payment systems, while a single, globally accessible faster payments service could offer swift end-to-end transfers.

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SWIFT Sets ISO 20022 Sights On High-Value Payments

PYMNTS

As SWIFT continues to promote the adoption of the ISO 20022 payments messaging standard across financial institutions, the company said it is zeroing in on the potential for ISO 20022 harmonization in the high-value payments space. To highlight that potential, SWIFT revealed on Thursday (Aug.

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Real-Time Payments Steps Up To Fulfill Demand For Faster Funds

PYMNTS

The appetite for new payments approaches is only growing, with The Clearing House (TCH) reporting that 400 more FIs have already gained technical access to the RTP network.”.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

“Once a financial institution is ready to connect to the RTP network, there is a very good chance, a 70 percent chance, that they have an already proven path through one of the many banking technology providers who have connected to the network partnered with TCH.”. First Horizon Mixes Rails for Faster Treasury Payments.

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