Standard Chartered and Axis Bank launch cross-border payments via Ripple


Standard Chartered and Axis Bank have unveiled a real-time cross-border payment service for corporates using Ripple’s distributed ledger technology (DLT) solution. This offering is now commercially available between Standard Chartered (Singapore) and Axis Bank India, and, accessible through Standard Chartered’s corporate digital banking platform, Straight2Bank. Himadri Chatterjee, president, transaction banking, Axis Bank, says by using […]

Interview: Nadish Lad, Volante – destiny and dreams

Nadish Lad, Volante

In an exclusive interview with payment specialist Volante Technologies, Nadish Lad, director – head of payments product, explains the firm’s foundation, vision and its key unique selling propositions (USPs).

Singapore regulator calls for more feedback on payments law

Monetary Authority of Singapore

The Monetary Authority of Singapore (MAS) has launched a second consultation on its proposed regulatory framework, known as the Payment Services Bill. According to MAS, the Bill will streamline the regulation of services under a single legislation, expand the scope of regulated activities to include virtual currency services and “calibrate regulation according to the risks […]

Interview: Javier Santamaría, EPC – SCT Inst, catalyst for a new world?

Javier Santamaría, EPC

It may not provide all the ticks on everyone’s wish list, but the new SEPA Instant Credit Transfer Scheme (SCT Inst) could well be the start of something even more seismic for the European payments sector and also pave the way for a different, more immediate way of conducting business.

European Payments Council’s SEPA Instant Credit Transfer scheme goes live

land area in Europe the night

The Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme created by the European Payments Council (EPC) is now operational. As of today (21 November), the EPC says nearly 600 payment service providers (PSPs) from eight European countries are offering instant payment solutions based on SCT Inst. It was launched last year, with […]

Payments round-up: 20 November 2017

flat vector for business mobile payment concept and  digital marketing with business e commerce concept

It pays to pay attention to the pacey payments precinct. Our latest round-up comprises Glint’s golden launch, BillPro’s licence and QR codes in Singapore. Glint, an electronic payment system that enables gold to be used as a currency, has launched its account and app based technology in the UK. Jason Cozens, CEO, Glint, says: “Everyone […]

Fintech funding round-up: 20 November 2017

A businesswoman selection a Funding concept on a portable computer.

Coming straight after Friday’s (17 November) fintech funding action, here’s another round-up. Features Xiaomi’s interest in India, Bamboo Capital Partners, First Access, Allied Irish Banks and TransferMate. Chinese phone and appliances maker Xiaomi plans to invest around $1 billion in 100 start-ups in India over the next five years, according to chief executive Lei Jun […]

Fiorano launches PSD2 solution for banks


Fiorano Software, a specialist in integration middleware and API management, has launched Fiorano PSD2, a solution enabling banks to comply with the European Union’s PSD2 regulations.

White paper: demystifying PSD2

Fiorano White Paper

This free white paper discusses the implications of PSD2 from an end-user standpoint.

What a Swell Sibos we had

Sibos 2017

One of the more entertaining aspects of this year’s Sibos in Toronto was the continuation of the rivalry between the event’s host, Swift, and distributed ledger technology (DLT) firm Ripple.