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The platform aims to streamline operational aspects and support compliance related to payment card industry standards.
The State Bank of Pakistan (SBP), under the powers conferred by Section 4(1) of the Payment Systems & Electronic Funds Transfer Act, 2007, has ...
Economic experts have endorsed the Central Bank of Nigeria’s (CBN) directive mandating the geo-tagging of all Point-of-Sale ...
Following the South African Reserve Bank’s acquisition of BankservAfrica, the payment clearing house system operator has changed its name to PayInc. According to PayInc, the rebrand is more than a ...
The measure was introduced in 2022 in view of transformations of correspondent relations of credit institutions due to sanction restrictions and was extended then until July 1, 2023 MOSCOW, May 26.
FedNow will be the first of its kind central bank instant payment system in the US and could revolutionize how businesses and consumers pay and receive money. But not everyone is prepared for it.