01 October 2013 All banks and finance companies are now ready to embark on to the first phase of the UAE direct debit system starting October 5.In April, the Central Bank of the UAE announced that the ...

DUBAI, 1st October, 2013 (WAM) -- Further to an earlier communication in April this year, the Central Bank of the UAE has announced that registration of banks and finance companies into the direct ...

Learn how SEPA standardizes euro bank transfers, enabling seamless, cost-effective cross-border payments across 36 European ...

DUBAI, April 9 (Reuters) - The United Arab Emirates central bank said on Tuesday it was introducing a direct debit system for commercial banks, a step which could ease a major problem for foreign ...

The world of consumer banking received an innovation boost when the EU regulation PSD2 enforced the rails for Open Banking. This disruptive force offers new ways to streamline payments and is ...

SIA, the Italian leading provider of IT services and solutions for the national and international financial industry, renews its partnership with EBA Clearing for the design and development of the ...

GoCardless, a Y-Combinator alum that has created a simple way for online businesses to set up and accept direct debit payments (that is, money that comes straight out of your bank account), is today ...

ABTA will launch a replacement version of its Single Payment System to members later this year. The technology has been developed by Travel Ledger. The direct debit system allows fast online payments ...

FRANKFURT, Oct 22 (Reuters) - The European Central Bank has admitted a key deadline in a new pan-European direct debit system will not be met and has called for stronger legal involvement to ...