Popular Post MundoXRP Posted December 14, 2016 Popular Post Share Posted December 14, 2016 (edited) So we have a partial list of the EBA Instant Payment participants. As you can see, so far two ripple partners CGI and Volante Technologies have announced they are participants. This goes live Nov 2017! https://www.ebaclearing.eu/List-of-Frontrunner-Service-Providers-N=Frontrunner-Service-Providers-L=EN.aspx PARTIAL LIST OF FRONTRUNNER SERVICE PROVIDERS ACI Worldwide Ltd. AxwayCGI IT Czech Republic c.r.o Computop Wirtschaftsinformatik GmbH CWBI CodiceWeb Banking Innovation Diamis S.A. Dion Global Solutions GmbH Dovetail Group LLC EFiS EDI Finance Service AG Icon Solutions Ltd. Montran Corporation Sungam Ab Van den Berg AGVolante Technologies Inc. We also have a partial list of Funding Payment Service Providers (PSP) that are participating. You can see it has a few ripple partners and rumored partners. https://www.ebaclearing.eu/List-of-Funding-PSPs-N=List_of_funding_banks-L=EN.aspx ABN AMRO Bank Aktia Allied Irish Banks Banca ITB Banca Monte dei Paschi di Siena Banca Popolare di Milano Banca Sella Banco de Sabadell Banco Popular Español Bank of IrelandBank of New York Mellon BBVA CaixaBank Central Bank of Savings Banks Finland Commerzbank Crédit Agricole Danske BankDeutsche Bank DNB Bank Elavon ERSTE Group Bank HELABAHSBCHVB - UniCredit ING Intesa SanpaoloJ.P. Morgan KBC LHV Pank Nordea OP Corporate BankRaiffeisenlandesbank OberösterreichSantander S-BankSEB Swedbank Ulster BankUnicredit S.p.A. Edited December 14, 2016 by MundoXRP cryptoxrp, Kakoyla, D-fault123 and 12 others 14 1 Link to comment Share on other sites More sharing options...
Jack Posted April 23, 2017 Share Posted April 23, 2017 Lets go! lets get it done! Go XRP Go! Hodor 1 Link to comment Share on other sites More sharing options...
Kakoyla Posted April 23, 2017 Share Posted April 23, 2017 INTESA SANPAOLO and EBA CLEARING have announced today the successful execution of the first user testing activities for the Pan-European real-time payment platform of EBA CLEARING. https://www.instapay.today/article/intesa-sanpaolo-eba-clearing-announce-successful-first-testing-results/ cryptoxrp, Hodor and Live4xrp 3 Link to comment Share on other sites More sharing options...
Hodor Posted April 23, 2017 Share Posted April 23, 2017 Quote Both retail and corporate customers will be able to send credit transfers in real time across Europe, potentially reaching over 500 million European citizens and companies in a seamless way – and they will need nothing aside from their current account to do so. The end-to-end process between the originator and beneficiary accounts will take no more than 10 seconds. The payments will be irrevocable and settled in real time subject to pre-funding in central bank funds.” So they mention "ISO 20022 global messaging standards for real-time payments." Do we know the extent that they are using ILP to comply with this? (And better yet, the RCL & XRP?) Link to comment Share on other sites More sharing options...
paym8 Posted April 23, 2017 Share Posted April 23, 2017 (edited) Quote The payments will be irrevocable and settled in real time subject to pre-funding in central bank funds Edited April 23, 2017 by paym8 quote Link to comment Share on other sites More sharing options...
Live4xrp Posted April 23, 2017 Share Posted April 23, 2017 Confirmed speakers: Marcus Treacher, Global Head of Strategic Accounts, Ripple https://www.ebaday.com/ Fireworks and more to expect on june 21th Ripple is sponsor as well! Hodor, Chan_Maddanna and Kakoyla 3 Link to comment Share on other sites More sharing options...
Chan_Maddanna Posted April 23, 2017 Share Posted April 23, 2017 (edited) 4 hours ago, Live4xrp said: Confirmed speakers: Marcus Treacher, Global Head of Strategic Accounts, Ripple https://www.ebaday.com/ Fireworks and more to expect on june 21th Ripple is sponsor as well! Ripple is sponsor ? i don't see it, on the contrary i am seeing swift ... not that it greatly matters, just wanted to confirm. looking forward either way. Edited April 23, 2017 by R8102V1D2D Link to comment Share on other sites More sharing options...
Hodor Posted April 24, 2017 Share Posted April 24, 2017 8 hours ago, R8102V1D2D said: Ripple is sponsor ? i don't see it, on the contrary i am seeing swift ... not that it greatly matters, just wanted to confirm. looking forward either way. Ripple is an exhibitor, which is a sponsor with a table (usually) at these events. SWIFT is a sponsor. Both SWIFT and Ripple have speakers that will participate in one or more sessions: Harry Newman, Head of Banking, SWIFT Marcus Treacher, Global Head of Strategic Accounts, Ripple Link to comment Share on other sites More sharing options...
cryptoxrp Posted December 7, 2017 Share Posted December 7, 2017 (edited) On 14-12-2016 at 7:48 PM, MundoXRP said: So we have a partial list of the EBA Instant Payment participants. As you can see, so far two ripple partners CGI and Volante Technologies have announced they are participants. This goes live Nov 2017! https://www.ebaclearing.eu/List-of-Frontrunner-Service-Providers-N=Frontrunner-Service-Providers-L=EN.aspx PARTIAL LIST OF FRONTRUNNER SERVICE PROVIDERS ACI Worldwide Ltd. AxwayCGI IT Czech Republic c.r.o Computop Wirtschaftsinformatik GmbH CWBI CodiceWeb Banking Innovation Diamis S.A. Dion Global Solutions GmbH Dovetail Group LLC EFiS EDI Finance Service AG Icon Solutions Ltd. Montran Corporation Sungam Ab Van den Berg AGVolante Technologies Inc. We also have a partial list of Funding Payment Service Providers (PSP) that are participating. You can see it has a few ripple partners and rumored partners. https://www.ebaclearing.eu/List-of-Funding-PSPs-N=List_of_funding_banks-L=EN.aspx ABN AMRO Bank Aktia Allied Irish Banks Banca ITB Banca Monte dei Paschi di Siena Banca Popolare di Milano Banca Sella Banco de Sabadell Banco Popular Español Bank of IrelandBank of New York Mellon BBVA CaixaBank Central Bank of Savings Banks Finland Commerzbank Crédit Agricole Danske BankDeutsche Bank DNB Bank Elavon ERSTE Group Bank HELABAHSBCHVB - UniCredit ING Intesa SanpaoloJ.P. Morgan KBC LHV Pank Nordea OP Corporate BankRaiffeisenlandesbank OberösterreichSantander S-BankSEB Swedbank Ulster BankUnicredit S.p.A. Crédit Agricole and Unicredit are confirmed Ripple customers! The above post and partial list (from 14-12-2016) of the EBA Instant Payment participants is GOLD! Great post @MundoXRP , tnx! Back in december 2016 it was unknown that Crédit Agricole and Unicredit were officially going to use Ripple. Now they both have officially confirmed that fact. As the Sepa Instant Credit Transfer uses the Eba Clearing system for instant payments for their Pan European Network (from the 21st of november 2017 official launch date) we now know for 100% sure that Ripple is involved. PLEASE RIPPLE @JoelKatz GIVE US AN OFFICIAL ANNOUNCEMENT !!! Edited December 7, 2017 by cryptoxrp Void-Induction and MemberBerry 1 1 Link to comment Share on other sites More sharing options...
Remont Posted June 20, 2018 Share Posted June 20, 2018 (edited) Today local newspaper published an article where states that Estonian banks will have very soon fast money transactions. Source: http://arileht.delfi.ee/news/uudised/pankurid-lubavad-lahitulevikus-on-maksete-laekumine-vaid-sekundite-kusimus?id=82693549 It states that right now only SEB is providing these fast transactions. I went to SEB homepage to find out that how they are doing it. Turned out they are using EBA Clearing for it. Source: https://www.seb.ee/eng/instant-payment After that, I went to see who are shareholders in EBA clearing and it turned out there are many big banks who are also partnering with Ripple. Source: https://www.ebaclearing.eu/about-eba-clearing/corporate-governance/the-shareholders/Here are some of them: * MUFG Bank, Ltd. * Crédit Agricole * Banco Santander S.A. * Standard Chartered Bank Germany Branch That made me thought that EBA clearing is definitely working with Ripple and these fast transactions are happing because they are using Xcurrent What are your thoughts on this? Could there be a partnership between Ripple and EBA Clearing that's not announced yet? ******* There is also Panel discussion (is in Estonian) They state that currently, 30% European banks are using a system to transfer money from bank to bank instantly. They are projecting that end of the year 80% of European banks are using this system. Edited June 20, 2018 by Remont iPinky7 1 Link to comment Share on other sites More sharing options...
cryptoxrp Posted June 20, 2018 Share Posted June 20, 2018 EBA Clearing is connected to Ripplenet and SWIFT. They probably are providing the gateway for routing the Xcurrent messages. Link to comment Share on other sites More sharing options...
cryptoxrp Posted October 26, 2018 Share Posted October 26, 2018 (edited) @Hodor @MundoXRP @LilBender @Live4xrp @Chan_Maddanna Here an interesting update concerning SWIFT's RTGS network connectivity agenda in the second half of november 2018. Written by FinTech Futures, 21 Oct 2018, https://www.bankingtech.com/2018/10/key-ingredients-of-instant-payment-systems-success/ From the article: SWIFT is also working with two major pan-European players – the Eurosystem on its TARGET Instant Payment Settlement (TIPS) service and EBA Clearing on its RT1 instant payment system. The latter is already live and will start offering SWIFT connectivity from 20 November this year. It will be promptly followed by the TIPS go-live, which is scheduled for 26 November. One of the issues for discussion is the Eurosystem’s planned consolidation of TARGET 2 (T2), TARGET2-Securities (T2S) and the aforementioned TIPS onto a single platform with a European Single Market Infrastructure Gateway (ESMIG) sitting at the front. The objective here is that the payments and securities markets participants will use ESMIG as a single gateway to connect to a consolidated market infrastructure. The solution that we are now rolling out in Europe for TIPS and RT1 is the first stage for our participants to be connected to the new unified market infrastructure, and we are putting forward three examples of its added value: 1. It is the initial step towards ESMIG. [The SWIFT gateway (by TAS Group) is the connecting node] 2. It re-uses the SWIFT infrastructure that participants have already in place in terms of procedures, connectivity to the operating centres and support facilities as well as the security features that are used to sign the messages. 3. Our SWIFTNet Instant solution is what we call “multi-CSM” (clearing and settlement mechanism) – a single interface that market participants can use to connect to EBA Clearing’s solution [with Ripplenet] or the Eurosystem platform or indeed any other future payment solutions that will offer such connectivity. ["such connectivity".... that is imho the instant clearing and settlement via Ripplenet.... smells like XRapid] This means that customers will not have to install a new payment gateway every time they want to connect to a new instant payment system, saving them time, resources and money. This is vital to a rapid deployment of faster payment systems. - [The last sentence is referring to strategic infrastructure decisions dating from 2016] By Carlo Palmers, head of payment market infrastructures, SWIFT........thank you Carlo. Edited on the 30 th of november 2018 RT1 (by EBA Clearing) is connected to Ripplenet and a lot of European banks are already connected to RT1 since the end of 2017. Also LUXHUB as a Temenos partner is presently very active and connecting via the European PSD2 (https://en.wikipedia.org/wiki/Payment_Services_Directive, first 5 sentences) initiative. Quotes "The Directive's purpose was to increase pan-European competition and participation in the payments industry also from non-banks, and to provide for a level playing field by harmonizing consumer protection and the rights and obligations for payment providers and users" AND "ISO 20022 XML message format". What we are presently seeing is the last phases of the plumbing being done. As a result I am expecting some traction in december 2018. For intitutional inflow of capital both the last week of december 2018 (tripple witching day) and january 2019 (Bakkt onboarding) will be interesting to watch. Edited November 30, 2018 by cryptoxrp Live4xrp, Trisky, LilBender and 2 others 3 2 Link to comment Share on other sites More sharing options...
LilBender Posted October 26, 2018 Share Posted October 26, 2018 18 minutes ago, cryptoxrp said: @Hodor @MundoXRP @LilBender @Live4xrp @Chan_Maddanna Here an interesting update concerning SWIFT's RTGS network connectivity agenda in the second half of november 2018. Written by FinTech Futures, 21 Oct 2018, https://www.bankingtech.com/2018/10/key-ingredients-of-instant-payment-systems-success/ From the article: SWIFT is also working with two major pan-European players – the Eurosystem on its TARGET Instant Payment Settlement (TIPS) service and EBA Clearing on its RT1 instant payment system. The latter is already live and will start offering SWIFT connectivity from 20 November this year. It will be promptly followed by the TIPS go-live, which is scheduled for 26 November. One of the issues for discussion is the Eurosystem’s planned consolidation of TARGET 2 (T2), TARGET2-Securities (T2S) and the aforementioned TIPS onto a single platform with a European Single Market Infrastructure Gateway (ESMIG) sitting at the front. The objective here is that the payments and securities markets participants will use ESMIG as a single gateway to connect to a consolidated market infrastructure. The solution that we are now rolling out in Europe for TIPS and RT1 is the first stage for our participants to be connected to the new unified market infrastructure, and we are putting forward three examples of its added value: 1. It is the initial step towards ESMIG. [The SWIFT gateway is the connecting node] 2. It re-uses the SWIFT infrastructure that participants have already in place in terms of procedures, connectivity to the operating centres and support facilities as well as the security features that are used to sign the messages. 3. Our SWIFTNet Instant solution is what we call “multi-CSM” (clearing and settlement mechanism) – a single interface that market participants can use to connect to EBA Clearing’s solution [with Ripplenet] or the Eurosystem platform or indeed any other future payment solutions that will offer such connectivity. ["such connectivity".... that is imho the instant clearing and settlement via Ripplenet.... smells like XRapid] This means that customers will not have to install a new payment gateway every time they want to connect to a new instant payment system, saving them time, resources and money. This is vital to a rapid deployment of faster payment systems. - [The last sentence is referring to strategic infrastructure decisions dating from 2016] By Carlo Palmers, head of payment market infrastructures, SWIFT........thank you Carlo. That is pretty awesome info and it falls in line with everything that has been dug up so far on this topic. Ripple is really laying the rails for a new payment architecture for the world and existing systems will plug into it sooner or later. Cesar1810 and cryptoxrp 2 Link to comment Share on other sites More sharing options...
cryptoxrp Posted October 26, 2018 Share Posted October 26, 2018 2 minutes ago, LilBender said: That is pretty awesome info and it falls in line with everything that has been dug up so far on this topic. Ripple is really laying the rails for a new payment architecture for the world and existing systems will plug into it sooner or later. We should also give SWIFT some credit.... "It re-uses the SWIFT infrastructure that participants have already in place in terms of procedures, connectivity to the operating centres and support facilities as well as the security features that are used to sign the messages." LilBender 1 Link to comment Share on other sites More sharing options...
Live4xrp Posted October 26, 2018 Share Posted October 26, 2018 7 hours ago, cryptoxrp said: @Hodor @MundoXRP @LilBender @Live4xrp @Chan_Maddanna Here an interesting update concerning SWIFT's RTGS network connectivity agenda in the second half of november 2018. Written by FinTech Futures, 21 Oct 2018, https://www.bankingtech.com/2018/10/key-ingredients-of-instant-payment-systems-success/ This means that customers will not have to install a new payment gateway every time they want to connect to a new instant payment system, saving them time, resources and money. This is vital to a rapid deployment of faster payment systems. - [The last sentence is referring to strategic infrastructure decisions dating from 2016] By Carlo Palmers, head of payment market infrastructures, SWIFT........thank you Carlo. Fits Perfectly! https://www.tasgroup.eu/solutions/payment-networks/interbank-payment-networks/network-gateway-en cryptoxrp, Trisky, Kakoyla and 1 other 1 3 Link to comment Share on other sites More sharing options...
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