Instant Payments

18 Oct 18 @ 18:06

New entrants to the banking market including challenger banks, non-bank payments institutions and big tech companies are amassing up to one-third of new revenue, which is challenging the competitiveness of... read more

18 Oct 18 @ 14:21

Global payments remain one of the brightest spots in the financial services universe. Propelled by positive macroeconomic tailwinds, continuing technological advances, and expanding digital and non-cash mechanisms, global payments businesses... read more

16 Oct 18 @ 17:03

Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched by Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as... read more

16 Oct 18 @ 15:08

SWIFT has published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks... read more

05 Oct 18 @ 16:23

In the last couple of weeks two Challenger banks have hit the UK. N26 is a German direct bank, headquartered in Berlin, that offers its services throughout most of the... read more

28 Sep 18 @ 10:47

2018 marks the fifth year of FIS’ report “Flavors of Fast”. It was originally inspired to capture the early but remarkable influences of faster payments schemes around the world. In... read more

24 Sep 18 @ 12:23

The Singapore government is set to allow access to its real-time payments system, FAST, to extend the availability of the payments systems for FinTechs and other payments players. The country... read more

13 Sep 18 @ 09:00

GRAFT (Global Real-time Authorizations and Funds Transfers), a blockchain payment network innovator has announced that it has achieved its first end-to-end instant payment transaction (under 2 seconds) on the GRAFT Network.... read more

03 Sep 18 @ 12:16

Alternative payments methods such as mobile and digital wallets are steadily displacing traditional payment methods such as cards, bank transfers and cash/cheques in the Asia-Pacific (APAC) e-commerce market. GlobalData forecasts... read more

24 Aug 18 @ 11:45

SWIFT has announces that it will start testing its new instant cross-border SWIFT gpi payments service in the Asia Pacific region. The service has been designed to scale and integrate... read more

23 Aug 18 @ 13:59

In today’s mobile world, financial institutions are working hard to give their digital offerings an overhaul. They are under pressure from several key factors to do so: firstly, because of... read more

23 Aug 18 @ 12:08

While the phrase ‘time is money’ may seem clichéd, it is becoming increasingly relevant as technology-savvy but busy consumers turn to the Internet and alternative payments to make shopping faster... read more