SBI customers alert: SBI stated that due to scheduled maintenance work, services will be unavailable for up to 90 minutes.
The Bank of England (the “Bank”) published a consultation paper (the “CP”) on 29 July 2025 seeking views on its proposal to extend Real-Time Gross Settlement (“RTGS”) and CHAPS operating hours.
Several factors are converging to make cross-border payments one of the most interesting spaces to watch in B2B payments for 2026. Here, I explore recent developments, including the renewal of the ...
Deputy governor tells MPs central bank now has in-house skills and IP to maintain revamped RTGS As the last Accenture employee clocked off from supporting the Bank of England's £431 million Real-Time ...
In a significant move to enhance the UK’s financial infrastructure, the Bank of England has released its response to a February 2024 discussion paper on reviewing access to Real-Time Gross Settlement ...
The Bank of England’s successful IT transformation, praised by the National Audit Office, is being used as a model for government departments, including NS&I, which faces a failing IT project.
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 ...