RTGSRSS

ECB targets new RTGS platform

ECB

The European Central Bank’s (ECB’s) governing council will decide by the end of this year whether to greenlight a new real-time gross settlement (RTGS) system to replace the decade-old Target2 platform.

Top fintech stories this week – 21 July 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Top fintech stories this week – 12 May 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Top ten payments projects in 2016

Navigating the payments storm

Look back at some of the major payments projects in 2016, with Banking Technology’s top ten.

Finexus and Volante to build new RTGS system for Asia Pacific

Kuala Lumpur, home of Finexus

Malaysia-based payments solutions provider Finexus is building a new real-time gross settlement (RTGS) platform for banks in Asia Pacific. It has partnered with Volante Technologies, which will provide the MT to MX message transition, via its flagship Volante Designer product.

Bank of England to overhaul RTGS service, issues consultation paper

The Bank of England to overhaul RTGS service

The Bank of England (BoE) has published a consultation paper on the next generation real-time gross settlement (RTGS) service. On the way out is the bank’s legacy 20-year old platform. The BoE is calling on the payments industry specialists to get in touch.

Bank of Punjab automates Islamic treasury; implements new RTGS system

Bank of Punjab: " Passion Reborn"... for RTGS and Islamic treasury software

Pakistan-based Bank of Punjab (BOP) has extended its partnership with local software vendor Autosoft Dynamics. Autosoft will implement its new real-time gross settlement (RTGS) system, AutoRTGS, at the bank and will also extend the coverage of the Adams treasury system to support Islamic banking. BOP is already a user of Adams for conventional banking operations. […]

Reserve Bank of New Zealand chooses SIA for new RTGS system

Geoff Bascand, RBNZ Deputy Governor

The Reserve Bank of New Zealand (RBNZ), the nation’s central bank, has chosen Italian payments company SIA to implement and support a new real-time gross settlement (RTGS) system. The new system will replace the current exchange settlement account system (ESAS). It will be delivered by SIA’s subsidiary Perago, based in South Africa. Perago is a […]

Hong Kong to implement Swift’s infrastructure resiliency service

800px-1_hongkong_panorama_victoria_peak_2011 Hong Kong

Hong Kong has become the second jurisdiction to sign up to use Swift’s Market Infrastructure Resiliency Service to improve operation of its real-time gross settlement system.

Bank of England live on Swift’s MIRS contingency platform

The Bank of England has gone live on Swift's backup system

The Bank of England has become the first central bank to go live with an implementation of the Market Infrastructure Resiliency Service contingency system it has been piloting with Swift over the past few years.

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