Instant payments, integrated — and pan-European in scope. This week, the Council of the European Union backed the formation of an integrated and instant system...
Sweden recently became the first nation outside the eurozone to join TIPS, the European Central Bank’s real-time payment platform — setting the stage for other...
With direct access to the SEPA (Single Euro Payments Area) payment program, OpenPayd has bolstered its payments functions, according to reports. Business clients of the...
Commercial card adoption is on the rise among European corporates eager to embrace opportunities for faster, electronic payments with the added bonus of rewards and...
FIs and enterprises are facing increased pressure to make cross-border payments fast and seamless as consumers grow used to such products in other sectors. The...
The U.K. has been granted permission to retain its membership in the Single Euro Payments Area (SEPA) after it leaves the European Union (EU) later...
Multi-currency IBAN account provider ONPEX is collaborating with Canada’s Wirexend to provide multi-currency payment solutions for joint business customers. In a press release sent to...
This week, the EU Parliament voted for new rules mandating that banks cut fees on cross-border euro payments for countries within and outside the Eurozone....
Last year, the European Payments Council (EPC) debuted the SEPA Instant Credit Transfer scheme, where credit transfers are done in 10 seconds — or less...