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Russia and Iran consider stablecoin for cross-border trade settlement
Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more
The post Russia and Iran consider stablecoin for cross-border trade settlement appeared first on Payments Cards & Mobile.
Legal Opinion: EU Proposal for the Regulation of Instant Payments
On October 26, 2022 a proposal for a Regulation amending Regulations (EU) no 260/2012 (SEPA Regulation) and (EU) 2021/1230 (Cross-border Payments Regulation or CBPR2) as regards instant credit transfer in... read more
The post Legal Opinion: EU Proposal for the Regulation of Instant Payments appeared first on Payments Cards & Mobile.
Papaya’s New Payment Process: Delivery Within 72 Hours
Papaya Global, the global payroll company, is aiming to revolutionize the global workforce management. This is a field that has boomed since the pandemic, and their platform is one of... read more
The post Papaya’s New Payment Process: Delivery Within 72 Hours appeared first on Payments Cards & Mobile.
Swift accepts community request to delay ISO 20022 migration
Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more
The post Swift accepts community request to delay ISO 20022 migration appeared first on Payments Cards & Mobile.
EU set to mandate instant payments in euro zone
A draft European Union rule would demand that euro zone banks in would be required to provide instant payments in the single currency. The EU wants to modernise payments so... read more
The post EU set to mandate instant payments in euro zone appeared first on Payments Cards & Mobile.
