Verification of Payee (VoP) is an additional mandatory layer of payments protection to avoid payments in error and to prevent fraud such as an Authorised Push Payment (APP). With the increased adoption…

While using the IPF tool kit to implement a payments solution for a tier 1 international banking group with a presence across the globe we were faced with the challenge of designing…

A number of our customers have recently been asking whether we support OpenTelemetry, the observability framework and toolkit. When the first member of the team who’s client-facing asked me – the go-to guy…

For banks, payments modernisation is no longer a nice-to-have that can be kept on the backburner – it is imperative to staying in business. The ability to adapt to changes in how…

Sibos 2024 opened its doors in Beijing this year, welcoming over 9,000 attendees from across the globe to explore the key trends and technologies shaping the future of financial services. Having sat…

This is the first in a series of blogs exploring the evolving landscape of digital currencies, their impact on the financial sector, and the implications for banks and other financial institutions. What…

The European Payments Initiative (EPI) was launched by 16 leading European banks and financial institutions with the goal of streamlining payments across Europe. EPI aims to create a unified payment system leveraging…

HM Treasury published its National Payments Vision (NPV) report on 14 November 2024, immediately after the Chancellor gave this year’s Mansion House Speech. The National Payments Vision work was kicked off exactly…

Currently, only 38 participants are directly connected to CHAPS (Clearing House Automated Payment System), with most connecting through indirect agreements. Many prospective participants choose not to pursue direct participation due to strict…