Denmark’s Nets picked to build instant payment infrastructure in Hungary

Portfolio
Clearing house GIRO Zrt., wholly owned by the National Bank of Hungary (MNB), has selected Nets A/S of Denmark to build the core infrastructure for Hungary’s instant payment system, to be launched on July 1, 2019. The parties signed the contract on Thursday.


' title='
As reported previously, the instant transfer system will allow all transfers to be made within five seconds, 24 hours a day, seven days a week. The original plans called for GIRO to select and contract a supplier for the core infrastructure by the end of last year.
 

More in Business

napelem zöld vállalat
January 30, 2025 09:33

This is how Hungarian companies fare in the green transition

Joint research by Deloitte and BCSHD assesses the situation

Kellemes reggeli meglepetés a Raiffeisentől (2.)
January 28, 2025 11:50

Profitability of CE/SEE banking markets close to 2004-2007 records - Raiffeisen

ROE much higher in the region than in Western Europe

January 28, 2025 09:15

ING Banks pulls out of Russia completely

Dutch bank effectively ends all activities in Russia

velencei-tó vízpótlás vízállás aszály víz vízmennyiség tó
January 22, 2025 12:01

Municipality of Gárdony addresses Mol oil leak

City administration has water from wells in the area tested

January 22, 2025 09:44

Hungarian gov't launches support scheme to boost digital switchover of SMEs

With a budget of HUF 2 billion

MVM szekhaz szentendrei ut
January 16, 2025 09:50

Russian ties of Hungary's MVM raise red flags over planned Romanian takeover of E.On

Romania's Energy Ministry cites national security concerns

LATEST NEWS

Detailed search