Target2 Insights

What is Target2?

Find organizations using Target2 on Sumble →

What other technologies are related to Target2?

Target2 Competitor Technologies

CHAPS is a UK-based high-value payment system that competes with TARGET2 for large-value euro payments, though CHAPS primarily handles GBP.

mentioned alongside Target2 in 18% (131) of relevant job posts

CHIPS

CHIPS is a US-based payment system for large-value payments, including USD payments involving international transactions. It is a competitor to TARGET2, though TARGET2 focuses on Euro payments and is based in Europe.

mentioned alongside Target2 in 6% (65) of relevant job posts

Target2 Complementary Technologies

SEPA

SEPA provides a framework for euro payments within Europe. While TARGET2 handles large-value and urgent payments, SEPA facilitates smaller, retail payments, often complementing TARGET2's role.

mentioned alongside Target2 in 9% (232) of relevant job posts

ISO20022

ISO 20022 is a messaging standard used in payment systems, including TARGET2. It provides a common language for payment messages, facilitating interoperability and data richness.

mentioned alongside Target2 in 3% (65) of relevant job posts

Swift

SWIFT is a messaging network that facilitates communication between financial institutions. TARGET2 utilizes SWIFT for sending and receiving payment messages.

mentioned alongside Target2 in 0% (247) of relevant job posts