Nearly 600 payment service providers (PSPs) from eight countries are onboard for today's launch of the Sepa Instant Credit Transfer (SCT Inst) scheme, bringing real-time money transfers to much of Europe.
A new voluntary pan-European instant credit transfer scheme that will bring real-time money transfers across the Single Euro Payments Area (Sepa) is on course to go live in November, with five countries onboard from the off.
Welcome to Finextra's live coverage of the Swift Business Forum in Stockholm. This event will explore how banks can think in new and innovative ways as different business models impact the majority of existing banking revenues.
EBA Clearing has begun the testing phase for its pan-European instant payment infrastructure platform ahead of a slated November launch.
Istituto Centrale delle Banche Popolari Italiane (ICBPI) has enlisted Denmark's Nets to help it build an instant payments platform for the Italian market.
Trade association Payments UK has launched a directory designed to make it simpler for anyone making cross-border payments into Britain to check routing data.
The European Central Bank (ECB) has reported an eight percent increase in fraud among cards issued or acquired within the Single Euro Payments Area (Sepa) for 2013.