Fintech Finance

OCTOBER 21, 2024

The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). It is the backbone of Kenya’s domestic and regional payment transactions.

Message Standards 94

Message Standards Real Time Gross Settlement (RTGS) Settlement Cross-Border 94

Fintech Finance

JUNE 17, 2024

The project will provide insights on how operators of real-time gross settlement (RTGS) systems could enable interoperability with new payments technologies, such as distributed ledger technology (DLT).

Real Time Gross Settlement (RTGS) 90

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Interoperability 90

PYMNTS

JULY 30, 2020

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The new system, slated to debut in 2022, will also have the capability to handle a central bank digital currency (CBDC), such as a digital pound, CoinDesk reports.

Real Time Gross Settlement (RTGS) 63

Real Time Gross Settlement (RTGS) Digital Currency Central Bank CBDC 63

PYMNTS

DECEMBER 4, 2018

The industry’s issues include insufficient interoperability between schemes, as well as confusion and cost hurdles faced by financial institutions (FIs). SIA’s Third-Party Approach To RTGS. Central banks can also struggle to adopt new payment infrastructures or make the improvements they need to their existing payment systems.

Central Bank 70

Central Bank Real Time Gross Settlement (RTGS) RTP Faster Payments 70

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

CBDC 114

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 114

PYMNTS

NOVEMBER 26, 2019

The companies are collaborating on a payment platform designed to accelerate payments and settlement between banks and their customers, with a focus on allowing for interoperability between existing real-time gross settlement (RTGS) systems and blockchain-based systems.

Real Time Gross Settlement (RTGS) 60

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Blockchain 60

PYMNTS

OCTOBER 25, 2019

24) said the companies are collaborating on a payment platform designed to accelerate payments and settlement between banks and their customers, with a focus on allowing for interoperability between existing real-time gross settlement ( RTGS ) systems and blockchain-based systems. ” .

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Settlement Distributed Ledger Technology (DLT) Blockchain 40