Instant Payments

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

09 Nov 23 @ 12:15

The Council and the European Parliament have reached a political agreement on the instant payments proposal, which will improve the availability of instant payment options in euro to consumers and businesses in the EU... read more

07 Nov 23 @ 11:35

The latest Pix by the Numbers report covers data through Q3 2023, and shows Pix volume continuing to surge. The report also offers key insights for US financial institutions (FIs)... read more

02 Nov 23 @ 17:43

In recent decades, the world has witnessed a remarkable surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Global payments are expected to rocket from... read more

02 Nov 23 @ 10:51

The European Payments Initiative (EPI) has announced the successful closure of the acquisition of the Dutch payment solution iDEAL and the Luxembourg technology provider Payconiq International as announced earlier this... read more

29 Sep 23 @ 14:33

As cross-border payment volumes grow and technology becomes more sophisticated, we look at high-risk and lower-volume payments markets to find out what’s happening. Is now the time for major international... read more

28 Sep 23 @ 12:06

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact... read more

18 Sep 23 @ 16:46

The World Payment Report 2023 Executive Survey results indicate that retail payments comprise 59% of total transaction volume while commercial payments comprise 41%. However, in terms of value, commercial payments make... read more

18 Sep 23 @ 14:50

In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more