The Clearing House’s Post

Watch this on-demand webinar with Bottomline, SIX and t'charta to delve into the nitty-gritty of SIC Instant Payments. It's not just about swift 10-second processing times but a shift that impacts the entire financial ecosystem. As we gear up for the second wave of SIC IP by 2026, let's kick-start the conversation about perfecting the strategy for its implementation and reaping its benefits. Tune in now to advance your knowledge and stay a step ahead. #InstantPaymemts #PaymentsModernization #FutureOfPayments

Watch this on-demand webinar with Bottomline, SIX and t'charta to delve into the nitty-gritty of SIC Instant Payments. It's not just about swift 10-second processing times but a shift that impacts the entire financial ecosystem. As we gear up for the second wave of SIC IP by 2026, let's kick-start the conversation about perfecting the strategy for its implementation and reaping its benefits. Tune in now to advance your knowledge and stay a step ahead. #InstantPaymemts #PaymentsModernization #FutureOfPayments

💸 My 2 cents on what the next EU term should be about when it comes to payments. We need: 1. to have the IPR and the PSR fully implemented 2. more support for an open banking commercial model like SPAA, and 3. to eliminate IBAN discrimination within the Single Euro Payments Area. This is how you promote competition and enable a truly European payment method that satisfies both the sovereignty agenda and the huge commercial demand for an alternative to cards. Vixio Regulatory Intelligence #instantpayments #openbanking #sepa

Transparency.    Global money transfer is always about transparency - on exchange rate, estimated turnaround time, where has my money gone, how much I’m paying for FX and transfer… all are top of mind requests from customers.   Thanks to Express Remit, you can now send money around the world, anytime. Done within just a few clicks, delivered in seconds. Everything is trackable in app.   Partnered with Wise, who shared the same vision as Mox, helps take the hassle out of global money transfers.   Thanks for your support; we have received fabulous feedback on customer experience and the almost instant turnaround time for global transfer. Within seconds (yes, literally seconds), your money travelled to your destination. You don’t have to transfer money from your bank account to service provider to enjoy speedy global money transfer.   Mox, the first bank in Hong Kong to offer flexible mid-market rates with no exchange rate markups or any of those sneaky hidden fees, will continue to hold strong on this proposition to build new features.   And we are offering global money transfer completely FREE from now until 31 Mar 2024. Do try it out!   #globalmoneytransfer #ExpressRemit #payments #remittance #transparency #Canyourbankdothis #Mox #GenerationMox #VirtualBanking #ANewWayOfBanking #ChallengerBank #NeoBank   Kudos to Hanut Singh Sebastian Geelan Polly Chan Wilson Lam David Peake So Ying Flora Tse Igor Lau Dominic Tam Natalie Manyiu Carl Hollingsworth Christine Joo (주애리) Becky Leong Sim Suen Francis Yeung, CPA (Aust.)CPA (Aust.)Scott Calhoun Angus Lam Carol Kei Priscilla Wat Joeling Law Samarth Bansal Diane Artore Terence Lum Flora Shi Alyson Tay

Watch this on-demand webinar with Bottomline, SIX and t'charta to delve into the nitty-gritty of SIC Instant Payments. It's not just about swift 10-second processing times but a shift that impacts the entire financial ecosystem. As we gear up for the second wave of SIC IP by 2026, let's kick-start the conversation about perfecting the strategy for its implementation and reaping its benefits. Tune in now to advance your knowledge and stay a step ahead. #InstantPaymemts #PaymentsModernization #FutureOfPayments

2023 saw a surge in instant payment transactions as well as new services and use cases on the market. Find out what drove this change and projections for the new year from ABNB Federal Credit Union, The Clearing House, Federal Reserve Financial Services, and Alacriti. Watch now: https://ow.ly/Sw0E50QjcL6 #instantpayments #payments #fintech

Sending money globally just got easier with our new Mox Express Remit.   Five reasons to choose us for remittance: 💰 Very low foreign exchange fees (as low as 0.35%) 💰 We use mid-market exchange rates — no hidden fees 💰 Supports 10 major foreign currencies — AUD, CNY, EUR, GBP, IDR, INR, JPY, PHP, SGD and USD 💰Streamlined transfer — send anytime with a few swipes 💰Total transparency — from the upfront display of all fees and immediate transfer confirmations to seamless tracking on your Mox app   What’s more, you can experience the Express Remit difference for less! We’re waiving the remittance and foreign exchange fees for every global money transfer till 31 March. You can also enjoy additional savings interest rate with foreign exchange service. Learn more: https://lnkd.in/gzX6PNB9   #Mox #GenerationMox #VirtualBanking #ANewWayOfBanking #ChallengerBank #NeoBank #ExpressRemit

Comparing RTP vs RTP [ Real-time payment systems ] World’s 40+ real-time gross settlement systems – designed to enable instant transfers, clearing and settling of money worldwide. - The US’s RTP system currently enables over 60 million transactions a month, Australia – a country with a population of 26 million, compared to 332 million in the US – is seeing 110 million transactions, with an overall value of $70bn - While most real-time payment systems have been domestic, some of them have been looking to interoperability projects to enable faster payments across borders, including UPI and RTP (as well as Singapore’s Fast and Brazil’s Pix). Bringing together these systems could help close the payments gap, but it will take time. Source - https://lnkd.in/dMky24Rq

Understanding the impact of SWIFT's linking platform for CBDCs on global payment infrastructures. https://ow.ly/Lhe850Ryt5P #cbdc #digitalpayments #crossborderpayments #internationalpayments #forex #currencyexchange #ebcfx

Watch this on-demand webinar with Bottomline, SIX and t'charta to delve into the nitty-gritty of SIC Instant Payments. It's not just about swift 10-second processing times but a shift that impacts the entire financial ecosystem. As we gear up for the second wave of SIC IP by 2026, let's kick-start the conversation about perfecting the strategy for its implementation and reaping its benefits. Tune in now to advance your knowledge and stay a step ahead. #InstantPaymemts #PaymentsModernization #FutureOfPayments