TIPSRSS

ECB targets new RTGS platform

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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.

Payments: Australia gives Swift instant results

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Off the back of its involvement in Australia’s New Payments Platform (NPP), Swift has entered the instant payments market in Europe, with plans to launch a gateway solution in November 2018. The solution will enable instant payments to be made over the Swift network using a single gateway to connect to multiple instant payments systems across Europe.

Top fintech stories this week – 23 June 2017

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

ECB to develop service for settlement of instant payments

ECB goest to market for new treasury management software

The Governing Council of the European Central Bank (ECB) says it will develop a new service for the settlement of instant payments. The new service, Target instant payment settlement (TIPS), will enable citizens and firms to transfer money between each other in real-time and will be available around the clock, 365 days a year. The […]

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