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
The post SEPA instant payments for corporates are gaining traction in Europe appeared first on Payments Cards & Mobile.
Whilst the focus is always on the FinTech party eating the incumbent lunch, HSBC has struck back in the money transfer battle by launching Global Money Account, its own fee-free international... more
The post Incumbent fights back: HSBC launch Global Money Account a free money transfer app appeared first on Payments Cards & Mobile.
As the COVID-19 pandemic and economic crisis continues to spread, the remittance that migrant workers send home is projected to decline 14% by 2021 compared to the pre COVID-19 levels... more
The post COVID-19: Global remittance flows shrink 14% by 2021 appeared first on Payments Cards & Mobile.
The ACH Network had exceptionally strong growth in Q3 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network... more
The post ACH Network volume increases 9% in Q3 as payments volume rebounds appeared first on Payments Cards & Mobile.
The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... more