ICICI Bank has announced scheduled maintenance that will affect Real-Time Gross Settlement (RTGS) services. According to the bank's official email notification, inward and outward RTGS transactions ...

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 ...

RTGS.global, which claims to be the next-gen settlement service delivering real-time cross-border payments and liquidity management, says it is “scaling up quickly in 2023 with very strong market ...

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment ...

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 ...

The Bank of England (BoE) announced on April 19 a new omnibus account to enable its real-time gross settlement (RTGS) system – which holds accounts for banks, building societies and other financial ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. A first-of-its-kind for this region, the transaction saw Credo Bank in ...