Instant Payments

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European banks believe EU SEPA instant payment timelines unrealistic

27 Mar 24 @ 19:12

New research from RedCompass Labs, reveals that 58% of European banks that do not currently offer instant payments believe the timelines set out by the EU in the new SEPA Instant payments... read more

From niche to mainstream: How Virtual Cards are accelerating crypto adoption in online payments

19 Mar 24 @ 12:15

In the rapidly evolving world of online commerce, the quest for more secure, efficient, and globally accessible payment methods has led to significant innovations. Among these, virtual cards and cryptocurrencies... read more

As instant payments go global, new risks emerge: banks must prepare

18 Mar 24 @ 18:05

A new white paper from global digital banking infrastructure firm RS2 describes the rapid adoption of Instant Payments world-wide, predicting that one in three consumer payments will be instant by 2029.... read more

Instant payments will be 30% of e-commerce by 2027

11 Mar 24 @ 20:26

According to Ovum[1], the use of instant payments for e-commerce will account for almost one in three of all digital transactions across Europe by 2027. This brings benefits to merchants... read more

Irish Central Bank demands payments innovation…after shutting down Synch

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

The future is instant – why banks must prepare for global instant payments

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

One in three transactions will be instant payments by 2029

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

Instant payments means less than 10 seconds in EU

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

Faster Payments Council: Fraud trends and mitigation opportunities

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

Can EPI unite Europe’s instant payments ecosystem

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

Faster payments across the G20 risks financial crime explosion

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

FedNow ends 2023 on a strong note

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

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more