What is TARGET Instant Payment Settlement (TIPS)?
It is a new market infrastructure service that will launch on 30 November 2018. It will enable payment service providers to offer their customers the possibility to transfer funds in real time and around the clock, every day of the year, within seconds. Welcome to the disintermediation of the bank value chain, and to the open API economy of open banking.
TIPS: What settles the instant payment settlements?
A2A, (Application 2 Application).
What manages the A2A?
The NSP (Network Service Providor).
Who have completed the TIPS compliance checks so far to be there Network Service Provider?
SWIFT and SIA .
Here you"ll see that SWIFTNet and SIAnet are connected to the TAS network gateway.
TAS supports Ripple.
TAS GROUP
Some of it"s costumers
This Blog gets updates when I have new info.