U.S. corporates are sitting on record levels of cash, and the latest data suggests firms are accelerating their stockpiling. The Association for Financial Professionals’ October 2018 Corporate Cash Indicators report found that U.S. corporates accelerated their cash collection in the third quarter compared to the...
The Italian operation of Crédit Agricole has introduced its instant payment functionality for current account users via a partnership with SIA, the FI said in an announcement on Monday (Oct. 29). Crédit Agricole’s faster payments tool will allow both consumers and businesses to make payments...
December 03, 2018
Last year, the European Payments Council (EPC) debuted the SEPA Instant Credit Transfer scheme, where credit transfers are done in 10 seconds — or less — across SEPA. Javier Santamaria, EPC chair, tells PYMNTS in the latest Monday Conversation that the embrace by PSPs and banks has been enthusiastic — and lays out the roadmap ahead.
