The Paypers

MARCH 21, 2023

The European Central Bank has announced the launch of the new real-time gross settlement (RTGS) system and central liquidity management.

Real Time Gross Settlement (RTGS) 68

Real Time Gross Settlement (RTGS) Liquidity Management Central Bank Settlement 68

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”). KEPSS, which is Kenya’s Real-Time Gross Settlement (RTGS) system, is operated by CBK to process large-value and time-critical payments.

Message Standards 98

Message Standards Real Time Gross Settlement (RTGS) Settlement Cross-Border 98

PYMNTS

NOVEMBER 14, 2018

A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury. “While there might still be less use of liquidity at night and over the weekend, payment service providers will not want to set all their available liquidity aside for real-time payment services.”

Real Time Payments 78

Real Time Payments Real Time Gross Settlement (RTGS) Liquidity Management Same Day ACH 78

PYMNTS

NOVEMBER 19, 2020

Financial institutions (FIs) are increasingly automatically routing transactions that would have once been moved via the Bulk Electronic Clearing System (BECS) Direct Entry to NPP, while businesses are replacing real-time gross settlement (RTGS) transactions with NPP as well, the report noted.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104