Santander and Iberpay pioneer cross-border instant transfers
Santander and Iberpay have exchanged the first international instant transfers based on the OCT Inst system, as recommended by the European Payme...
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News in Brief – June 2019
Players’ Strategy EUROPE – China UnionPay partners with the British start-up Tribe Payments on launching their services in Europe. In addit...
Processing: VocaLink Terminates SEPA Services and Launches Real-Time Mobile Credit Transfers
British processor VocaLink has decided to refocus on unique immediate payments. Its Euro CSM and SEPA services are decommissioned. It acknowledge...
SCT: Direct Exchange Between VocaLink and KIR
The Polish and British CSMs KIR and VocaLink set up a direct reciprocal link for the exchange of SCT payments. This link relies on EACHA interop...
Dwolla, a new player
Dwolla, a company based in Des Moines Iowa, set up a new platform designed for transferring funds using Twitter and Facebook. Dwolla is first tar...
Processor: Equens absorbs its JV co-owned with ICBPI
German and Netherlands-based processor Equens absorbs the JV established in 2009 with its Italian equivalent ICBPI (Banche Popolari). ICBPI swapp...
Payment Institutions: Why so slow?
Three French PIs had received their authorisation from the Banque de France end 2010. Tens of applications are still being scrutinised by the ACP...
