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SWIFT sets sights on new service for low value cross-border payments

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... more

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Banque Internationale à Luxembourg, BBVA, Daily news, Deutsche Bank, E-Money, European Central Bank, gpi cross-border payments, Instant Payments, Mobile Remittance, Natixis, Processing & Systems, Remittance, Santander, Sberbank, SWIFT, SWIFT gpi, SWIFT gpi payments, target, TARGET Instant Payments Settlement (TIPS), TIPS, UniCredit -

SWIFT trials instant cross-border gpi payments through TIPS

SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... more

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