On 8 April, the Bank of England (BoE) has published its response to the discussion paper on reviewing access to Real-Time Gross Settlement (RTGS) accounts for settlement. In the discussion paper, ...
The Bank of England (the “Bank”) published a consultation paper (the “CP”) on 29 July 2025 seeking views on its proposal to extend Real-Time Gross Settlement (“RTGS”) and CHAPS operating hours.
Bank of England (BoE) has effectively conducted a Proof of Concept (PoC) exercise in collaboration with Ripple that tested ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Following a period of consolidation in the PSP industry over the last ...
HAVING a near-24/7 operation of the Peso Real-Time Gross Settlement (RTGS) system could speed up cross-border payments, but also introduce a range of operational, cybersecurity, liquidity and systemic ...
Also known as instant or real-time payments, fast payments offer the instant transmission of a payment message and the immediate availability of funds to the beneficiary 24/7/365. In order to build ...