Instant Payments

04 Mar 24 @ 17:10

The Irish Central Bank has published its National Payments Strategy, and amongst other initiatives such as the protection of cash, it has taken a swipe at home grown ambitions to... read more

04 Mar 24 @ 15:07

A new white paper from global digital banking infrastructure leader RS2 claims instant payment schemes are going to dominate both domestic and cross-border transactions within a decade. The paper also outlines... read more

26 Feb 24 @ 10:47

Growth in Instant Payments has been stratospheric over the last decade, hitting 29.1% year-on-year. Data Bridge Research predict[1] instant payments will account for one in three of all consumer transactions... read more

08 Feb 24 @ 18:06

MEPs have adopted new rules to ensure instant payment transactions arrive immediately into the bank accounts of retail customers and businesses across the EU. The new regulation aims to make... read more

24 Jan 24 @ 19:33

The U.S. Faster Payments Council (FPC), has published a new industry resource, titled Fraud Trends and Mitigation Opportunities. Developed by the FPC Fraud Work Group, this inaugural bulletin is aimed... read more

10 Jan 24 @ 17:03

After much stuttering and starting it seems like the European Payments initiative – EPI – is starting to get its act in gear. In July 2020 the European Central Bank... read more

08 Jan 24 @ 16:13

The increasing speed of international payments in the G20 is not taking into account its enablement of financial crime and enforcement of sanctions against Russia and other states, according to... read more

15 Dec 23 @ 11:41

The Federal Reserve says that FedNow Service participation continues to show strong growth and diversity heading into the new year. 331 institutions, headquartered in 45 states and ranging in size... read more

06 Dec 23 @ 11:18

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

15 Nov 23 @ 12:56

Globally, payments revenues have proved remarkably resilient, overcoming a variety of regional headwinds to grow at rates well above the established long-term trend. Payments revenues grew at 11% in 2022—a... read more

13 Nov 23 @ 18:04

The SEPA Instant Credit Transfer scheme (SCT Inst), which operationalised euro-based Instant Payments, first went live in late 2017. Several years later, Instant Payments have not seen widespread adoption across... read more

10 Nov 23 @ 14:43

Amid the glare of red rockets and much other fanfare, the US finally announced the launch of FedNow on July 2023. 57 US banks (out of some 14,000 with licenses... read more