When a business sends a cross-border payment, two processes determine whether funds arrive: clearing and settlement. The ...
The overall efficiency of business transactions is becoming ever more important. Payments and collections are a small, but non-the-less vital part of business transactions, as the order-to-cash cycle ...
Forbes contributors publish independent expert analyses and insights. David Birch is a London-based advisor on digital financial services. First, I needed to send some money to a friend of mine (who I ...
OMAHA, Neb.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced its designation as a Leader in the IDC MarketScape: Worldwide ...
Real-time transactions, cross-border payments, and banking app transfers — are you ready for the latest pay-by-bank innovations? TechRepublic is able to offer our services for free because some ...
The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency (CBDC), fast payment systems (FPS), and electronic money (e-money) solutions.
LONDON, Jan. 22, 2026 /PRNewswire/ -- iFAST Global Bank (the "Bank") today announced it has joined Bacs (Bankers' Automated Clearing Services), the national systems operator for the United Kingdom's ...
The project was kicked off this week by the Central Bank of the UAE through its Sandbox Programme and Innovation Hub at the ...
HKMA launches a direct transfer option for second-hand property transactions, replacing the traditional escrow system managed by law firms Hong Kong's de facto central bank said on Thursday it will ...