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ACH Network sees record growth in 2020 to 26.8 billion payments
Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on the ACH Network... more
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HPS continues expansion and completes acquisition of IPRC
HPS Group has announced the completion of the acquisition of IPRC, announced on July 9th. Following the lifting of the last suspensive conditions related to administrative authorizations as dictated by... more
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ECB PISA framework: New oversight requirements for payment schemes and arrangements
On October 27, 2020, the European Central Bank (ECB) issued a public consultation (Consultation) on its draft oversight framework for electronic payment instruments, schemes, and arrangements (PISA). The Consultation invites feedback on... more
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Deutsche Bank weighs up acquisitions to beef up payments business
Deutsche Bank is reported to be in the market actively looking for acquisitions and joint ventures to help Germany’s largest lender hit its goal of becoming a major force in... more
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SEPA instant payments for corporates are gaining traction in Europe
Since the launch of the SEPA Instant Credit Transfer Scheme (SCT Inst) in 2017, major European banks such as BNP Paribas have supported instant payments for domestic cases. Some of... more
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