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Banking Circle identifies evidence of increased costs for EUR payments from UK as a result of Brexit
Banking Circle has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks... more
The post Banking Circle identifies evidence of increased costs for EUR payments from UK as a result of Brexit appeared first on Payments Cards & Mobile.
SWIFT and PBoC set up JV for internationalisation of digital yuan
SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... more
The post SWIFT and PBoC set up JV for internationalisation of digital yuan appeared first on Payments Cards & Mobile.
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
The post ACH Network sees record growth in 2020 to 26.8 billion payments appeared first on Payments Cards & Mobile.
Cross-border real-time payment tracker for both payers and payees
iBanFirst has launched a ‘Payment Tracker’ – a real-time payment-tracking service that sets new transparency standards for the payments industry. Rolled out to both payers and payees, this unique feature... more
The post Cross-border real-time payment tracker for both payers and payees appeared first on Payments Cards & Mobile.
Banking Circle supports merchants ahead of the big Christmas sales push
Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... more
The post Banking Circle supports merchants ahead of the big Christmas sales push appeared first on Payments Cards & Mobile.
