For seamless online transfer of large funds, the Reserve Bank of India has decided to make RTGS payment system available 24x7 from December. Reserve Bank of India Governor Shaktikanta Das on Friday ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. As a global next-gen Financial Market Infrastructure (FMI), ...

Victoria Cleland, Executive Director for Banking, Payments and Innovation at the Bank of England, addressed the Real Time Gross Settlement (RTGS) system and the Bank’s vision for the future of ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. By integrating with RTGS.global’s instant settlement infrastructure, ...

In a big push for digital payments, the Reserve Bank of India (RBI) has decided to make Real Time Gross Settlement (RTGS) payments 24X7 and increase the limit for contactless card payments to INR 5K ...

The Bank of England has announced that non-bank payment service providers (PSP) are now eligible to apply for a settlement account in the Bank’s RTGS or Real Time Gross Settlement system. For Fintech ...

The transactions are currently settled using NEFT and RTGS payment methods, which does not facilitate credit for such b2b payments. The credit card rails could help the companies free up working ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has proposed amendments to incident management rules and updated business continuity procedures for participants in the Peso Real-Time Gross ...