SNB mandates instant payment acceptance by financial institutions from August 2024.
Commerzbank utilizes Worldline's integrated Payments Back-Office for real-time transactions.
Bloomberg
Worldline, a payment service provider, is expanding its
partnership with Commerzbank. This extension allows Commerzbank to offer
real-time euro transfers for its customers in Austria, France, Italy, the
Netherlands, Spain, and the United Kingdom. Additionally, instant payments in
Swiss francs can now be processed in Switzerland.
Major Swiss Banks Facing Deadline for Instant Payments
Compliance
The move to introduce instant payments in Swiss francs was
triggered by a decision in June 2021 from the Swiss National Bank (SNB). According
to the SNB, accepting such payments will be mandatory for financial
institutions starting August 2024.
Alessandro Baroni, the Head of Financial Services at Worldline, Source:LinkedIn
This applies to major Swiss banks, including Commerzbank,
with an annual transaction volume exceeding 500 million. The forthcoming EU
regulation on instant payments will require all remaining Swiss banks to
comply by 2026.
Sebastian Kauck, Divisional Board Member and CIO Corporate Clients at Commerzbank, Source:LinkedIn
Alessandro Baroni, the Head of Financial Services at
Worldline, commented: "We are delighted to expand our already extensive
partnership with Commerzbank. With our international expertise and
industry-leading solutions, we enable Commerzbank to offer instant payments in
numerous European countries and also give its Swiss customers the opportunity
to send and receive instant payments. This next step in our partnership
showcases Worldline’s role as the ideal partner for banks worldwide."
Elevating Payment Services Across Europe
Commerzbank is leveraging Worldline's scalable Payments
Back-Office processing platform, seamlessly integrated into its banking
systems, to facilitate these real-time transactions. This strategic partnership
ensures enhanced payment services for customers across multiple European
countries, aligning with evolving regulatory requirements in the ever-changing
financial landscape.
Sebastian Kauck, the Divisional Board Member and CIO Corporate
Clients at Commerzbank, added: "The expansion of our existing business
relationship with Worldline will help us to better support our Swiss customers
and implement the upcoming requirements in the Swiss instant payment sector.
The Swiss market is an important focus for Commerzbank. As we expand our
offering across Europe, we are pleased to have Worldline as a reliable partner
at our side."
Worldline, a payment service provider, is expanding its
partnership with Commerzbank. This extension allows Commerzbank to offer
real-time euro transfers for its customers in Austria, France, Italy, the
Netherlands, Spain, and the United Kingdom. Additionally, instant payments in
Swiss francs can now be processed in Switzerland.
Major Swiss Banks Facing Deadline for Instant Payments
Compliance
The move to introduce instant payments in Swiss francs was
triggered by a decision in June 2021 from the Swiss National Bank (SNB). According
to the SNB, accepting such payments will be mandatory for financial
institutions starting August 2024.
Alessandro Baroni, the Head of Financial Services at Worldline, Source:LinkedIn
This applies to major Swiss banks, including Commerzbank,
with an annual transaction volume exceeding 500 million. The forthcoming EU
regulation on instant payments will require all remaining Swiss banks to
comply by 2026.
Sebastian Kauck, Divisional Board Member and CIO Corporate Clients at Commerzbank, Source:LinkedIn
Alessandro Baroni, the Head of Financial Services at
Worldline, commented: "We are delighted to expand our already extensive
partnership with Commerzbank. With our international expertise and
industry-leading solutions, we enable Commerzbank to offer instant payments in
numerous European countries and also give its Swiss customers the opportunity
to send and receive instant payments. This next step in our partnership
showcases Worldline’s role as the ideal partner for banks worldwide."
Elevating Payment Services Across Europe
Commerzbank is leveraging Worldline's scalable Payments
Back-Office processing platform, seamlessly integrated into its banking
systems, to facilitate these real-time transactions. This strategic partnership
ensures enhanced payment services for customers across multiple European
countries, aligning with evolving regulatory requirements in the ever-changing
financial landscape.
Sebastian Kauck, the Divisional Board Member and CIO Corporate
Clients at Commerzbank, added: "The expansion of our existing business
relationship with Worldline will help us to better support our Swiss customers
and implement the upcoming requirements in the Swiss instant payment sector.
The Swiss market is an important focus for Commerzbank. As we expand our
offering across Europe, we are pleased to have Worldline as a reliable partner
at our side."
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
AI Joins Africa’s Rulebook as Nigeria Orders Automated AML, Gives Fintechs 2 Years to Comply
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
