Guide & ressources

Bacs and FPS participation

Agency banking gives direct or indirect access via an agent bank to interbank processing infrastructure for UK and European payment schemes. It enables companies to send and receive SEPA, Bacs, FPS and Swift payments on their behalf or on behalf of their customers, via their own IBANs.

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Bacs & FPS Participation

The required tech stack for Bacs and FPS indirect participants

Becoming a Bacs and FPS participant gives fintech companies significant advantages in their payment operations, but also involves complex workflows to manag ...

Bacs & FPS Participation

The checklist to become a Bacs and FPS indirect participant

Becoming a Bacs and FPS indirect participant can represent a significant project for fintechs to undertake, particularly when it comes to setting up the pro ...

Bacs & FPS Participation

Operating as a Bacs and FPS indirect participant

When becoming regulated as PI or EMI, fintechs have several options to access Bacs and FPS and send and receive Bacs and FPS payments on behalf of their cus ...

Bacs & FPS Participation

When should fintechs become Bacs and FPS participants

There are different ways to access Bacs and FPS and send and receive Bacs and FPS payments on behalf of customers, depending on fintechs’ activities, maturi ...

SEPA Instant Credit Transfer

Instant payments in Europe are at an inflection point. The SEPA Instant Credit Transfer scheme finally has broad adoption throughout Europe and planned regulation is aiming to remove remaining frictions.

Payment operations teams are presented with a unique opportunity to build better experiences and make treasury workflows finally real-time.

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Reconciliation

In the payments, finance and accounting world, reconciliation primarily consists of comparing a company’s internal records with its bank account records.

Payment Operations

As the role of payments continues to increase, software emerges at the crossroads of operations, accounting, and payment systems: payment operations.

SEPA Participation

SEPA participants have direct or indirect access via a sponsor bank to interbank processing infrastructure for SEPA payment schemes. It enables them to send and receive SEPA payments on their behalf or on behalf of their customers, via their own IBANs.

SEPA 101

The Single Euro Payments Area (SEPA) simplifies bank transfers denominated in euro in 36 countries. SEPA payments are a critical part of companies' finance operations.

Instant Payments

Instant payments are electronic retail payments that are processed in real time, 24 hours a day, 365 days a year, where the funds are made available immediately for use by the recipient.

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