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Banking Circle, Brexit, Daily news, EUR payments, Payments News, Remittance, SEPA -

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.

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central bank digital currencies, Central bank digital currencies (CBDC), central bank digital currencies (CBDCs), Cryptocurrency, Daily news, digital yuan, Issuing & Acquiring, Mobile Remittance, People’s Bank of China (PBOC), Remittance, SWIFT -

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.

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ACH, ACH Network, ACH Network growth, ACH Network value, ACH Network volume, Automatic Clearing House, Daily news, P2P, Processing & Systems, Remittance -

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.

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Daily news, Instant Payments, Mobile Remittance, Products, real-time payment, real-time payment tracker, Real-Time Payments, Remittance -

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.

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Banking Circle, Daily news, E-Money, Mobile Remittance, Remittance -

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.

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