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 ...

In a significant move to enhance the UK’s financial infrastructure, the Bank of England has released its response to a February 2024 discussion paper on reviewing access to Real-Time Gross Settlement ...

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 ...

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 ...

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 ...

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, ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has fully automated the intraday settlement facility (ISF), making it available for all eligible financial institutions that encounter ...

The Reserve Bank of India (RBI) is seeking public opinion on fees and charges on payment systems including Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT) system, Real Time ...