IBERPAY ready to connect Spanish banks to EBA CLEARING’s RT1 system for SCT Inst processing
IBERPAY and EBA CLEARING announced today that the Spanish retail payment system is ready to provide Europe-wide instant payment connectivity to Spanish banks with the support of IBERPAY’s CICLOM platform and EBA CLEARING’s RT1 system.
Timely testing phase kick-off for EBA CLEARING's pan-European instant payment system
Twenty-eight of the funding institutions from all over Europe were represented at a meeting in Milan, which marked the start of the testing phase and included a demonstration of the functioning of the new system in the test environment run by SIA.
“Trends im Zahlungsverkehr” (a Bank-Verlag publication, November 2016) „Aufbau einer paneuropäischen Infrastrukturlösung für Instant Payments: Vorteile und entscheidende Faktoren aus Sicht von EBA CLEARING“ Erwin Kulk
“Digital Payments – Revolution im Zahlungsverkehr” (a Frankfurt School of Finance publication, Q3 2016) “Critical success factors for a pan-European instant payment infrastructure platform” Hays Littlejohn, Erwin Kulk, Britta Kotthaus
Link to Frankfurt School of Finance web shop (in German):
Finextra (June 2016) “Banks need to co-operate for real-time" – Fabio Stragiotto, Payment Products, UniCredit, and EBA CLEARING Board Member, speaks about recent instant payments developments and how they will affect incumbent banks
Video interview with Hays Littlejohn and accompanying article in SIA’s online magazine