Instant Payments

25 Nov 20 @ 13:08

The European Payments Initiative (EPI) has entered its next phase and has announced Worldline and Nets as shareholders of the EPI Interim Company, as the first third-party acquirers to join... read more

19 Nov 20 @ 16:59

The Central Bank of Brazil has announced it will launch an instant payments platform, called Pix, that will speed up and simplify transactions, as well as foster financial sector competition... read more

18 Nov 20 @ 10:10

Since the launch of the SEPA Instant Credit Transfer Scheme (SCT Inst) in 2017, major European banks such as BNP Paribas have supported instant payments for domestic cases. Some of... read more

16 Nov 20 @ 20:04

The European Central Bank’s (ECB) Governing Council, in line with the European Commission’s (EC) objectives, has taken an important move towards the full reach of instant payments across the euro... read more

09 Nov 20 @ 17:18

The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union: the development of Credit Transfer (SCT) and Direct... read more

02 Nov 20 @ 19:25

The global payment as a service (PaaS) market size was valued at $6.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 16.9%... read more

20 Oct 20 @ 12:28

The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... read more

16 Oct 20 @ 14:58

Portugal’s Instant Payments platform SIBS, is now able to make pan-European instant payments from Portugal to other markets – until now an exclusive service between national banks. The SIBS platform,... read more

08 Oct 20 @ 13:00

The ECB has announced that it will investigate how TARGET Instant Payment Settlement (TIPS) could support instant payments transactions across different currencies. The investigation will begin as of October 2020... read more

06 Oct 20 @ 17:10

The latest version of the World Payments Report has been released today, payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition... read more

29 Sep 20 @ 13:07

A new piece of research has found that the value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion by 2025, up from $3 trillion... read more

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more