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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
The post SWIFT trials instant cross-border gpi payments through TIPS appeared first on Payments Cards & Mobile.
Worldline has announces that its subsidiary, equensWorldline SE, welcomes TIPS – the Instant Settlement service that was recently announced by the European Central Bank. equensWorldline will connect its European and national Instant Payments Clearing and Settlement services to TIPS from the first day TIPS is operational, thus providing easy pan-European reach to its connected banks [...]
The post equensWorldline supports European Central Bank Instant Settlement initiative appeared first on Payments Cards & Mobile.
The European Central Bank is working on a new plan for bank transfers, allowing consumers to transfer money using their phone numbers or email addresses rather than a complicated bank account number, a senior bank official said. In an interview with RTL Nieuws broadcast on Monday, ECB executive board member Yves Mersch said the system would [...]