This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The Bank has given no explanation for the outage, the second ...

In a significant move to enhance the UK’s financial infrastructure, the Bank of England has released its response to a February 2024 discussion paper on reviewing access to Real-Time Gross Settlement ...

With an eye on giving a bigger push to digital transactions and online payments through bank accounts, the Reserve Bank of India (RBI) has decided to waive off all customer-facing fees and charges on ...

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 ...

Most individuals use one or the other method of online money transfer in their lifetime. The convenience of transferring money online helps an individual in making most out of the modern ...