On 8 April, the Bank of England (BoE) has published its response to the discussion paper on reviewing access to Real-Time Gross Settlement (RTGS) accounts for settlement. In the discussion paper, ...

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 (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.

The Bank of England and Accenture (NYSE: ACN) have completed the transformation of the Real-Time Gross Settlement (RTGS) service, a significant component of the UK’s financial infrastructure, ...

The modernization and extension of Real-time Gross Settlement (RTGS) systems, coupled with the deployment of instant payments systems (IPS) is diminishing the ongoing requirement for separate, ...

When a business sends a cross-border payment, two processes determine whether funds arrive: clearing and settlement. The ...

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 ...