Instant Payments

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Banks must urgently embrace next generation payments

13 Oct 21 @ 10:14

Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to the World Payments... read more

EBA CLEARING, SWIFT and TCH team to pilot fast cross-border payments

12 Oct 21 @ 13:58

Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payments as part of a proof of concept demonstrating the feasibility of synchronising settlement... read more

World Payments Report: Non-cash transaction growth hit hard by COVID

08 Oct 21 @ 12:06

The pandemic affected business as usual in all sectors. But in the payments industry, business hasn’t been usual for years. So, when lockdowns, supply chain interruptions, and economic uncertainty consumed... read more

Singapore’s MAS takes a lead in foreign faster payment links

29 Sep 21 @ 16:07

Singapore is taking a leading position in the fast growing Faster Payments space, inking two deals with influential neighbours in the space of two weeks. First, the Reserve Bank of... read more

Four markets predicted to succeed in the evolving payments landscape

23 Sep 21 @ 11:05

A new white paper unveils the markets which will be at the forefront of powering the payments industry in the coming years. Released by Transact Payments Ltd (TPL), it reveals that... read more

Are Europeans really ready for Instant Payments?

20 Sep 21 @ 16:56

Another day, another headline telling us account-to-account and “faster” or instant payments are taking over across Europe. In March this year, Swedish account-to-account specialist Trustly said its payments volumes were... read more

Instant payments transactions to exceed $27 trillion globally by 2026

07 Sep 21 @ 07:23

A new study has found the transaction value of instant payments will exceed $27.7 trillion in 2026, from just $4.8 trillion in 2021. The research identified that this extraordinary growth... read more

Going digital: India leads real-time payments globally

06 Sep 21 @ 19:55

Across the world, digital payments are now synonymous with mobile payments, with the rate of adoption directly linked to access to smartphones and telecoms networks. The furious growth in digital... read more

What’s the status of Open Banking in the UK?

06 Sep 21 @ 15:53

Open Banking provides an opportunity for merchants to offer a better customer experience at a lower cost. To achieve that, there are a few essentials you need to know about... read more

US and European processors jostle for pole position in Europe

31 Aug 21 @ 12:48

The pace of evolution in Europe’s payment market is evident in all areas – including processors. Sweeping changes in consumer payment behaviour, merchant acceptance and democratisation of services have produced... read more

The value of cloud-based payments

23 Aug 21 @ 12:12

Two decades into the 21st Century, we have become accustomed to having every convenience at our fingertips exactly when we want it. In many ways that extends to our finances,... read more

BLIK sees huge increase in the popularity of P2P instant payments

20 Aug 21 @ 13:18

From April to June 2021, BLIK users completed nearly 176 million transactions worth PLN 24 billion. At that time, the number of BLIK’s P2P instant payments was growing the fastest... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more