SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... more
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Spanish bank BBVA says it is open for business with its Open Banking programme and is making eight of its APIs commercially available for the first time ahead of the new PSD2 regulation. The launch of BBVA API Market comes after the Spanish bank says it spent more than a year working with developers and businesses to [...]
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BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed transfers between Spain and Mexico in a matter of seconds. Currently, transfers between countries take up to four days to clear. The use of disruptive [...]
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