Scandinavian countries are some of the most technologically advanced in the world, including in the area of real-time payments. Take Norway for example. The Nordic country launched real-time payments back in 2013, several years before the introduction of the pan-European SCT Inst payments scheme (also...
Belgium was not one of the early adopters of the EU’s SEPA Instant Credit Transfer (also referred to as SEPA Instant or SCT Inst) real-time payments scheme, joining the platform nearly two years after it was introduced in November 2017. Since then, customers and businesses...
The SEPA Instant Credit Transfer (SCT Inst) continues to gain traction in Europe amid uneven growth across the region. Introduced in November 2017, the intra-European payments scheme, also known as SEPA Instant, was built on the existing SEPA architecture with the promise of ultra-fast euro...
French bank Societe Generale is rolling out pan-European instant payments for its corporate clients, and is deploying technology from FIS to support the launch, the companies said Monday (Sept. 23). FIS will deploy its Payments-as-a-Service solution to loop Societe Generale into the SEPA Instant Credit...
May 03, 2019
Keeping global commerce moving requires rapid-fire, cross-border B2B payments. As financial institutions (FIs) and other corporates seek to keep pace, many are turning to application program interfaces (APIs) to help. More banks are tapping SWIFT gpi, while corporates are tapping a new offering that enables them to use the Single European Payment Area (SEPA) Instant […]
September 24, 2018
Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and commerce. Still, even in this...
