Faster payments in focus as Nordic Payments Council launches consultation

Nordic markets may be already known for widespread use of digital apps and digital currency solutions, yet there is more to be done as suggested by the launch of a consultation period by the Nordic Payments Council (NPC) on its proposed rules for its Credit Transfer and Instant Credit Transfer Schemes. This is the first open consultation by the NPC on the two schemes, which set out rules, practices and standards for interoperatbility on provision and operation of credit transfers and instant credit transfers at the interbank level for DKK and SEK. The consultation period runs until 6 ...