Instant Payments

18 Jun 18 @ 13:47

Global adoption of real-time payments systems has soared in recent years, enabling consumers to transfer money between accounts instantly, but also irrevocably. In November 2017 the Eurozone launched its cross-border,... read more

13 Jun 18 @ 10:32

SARB, South Africa’s central bank has revealed astonishing results for a trial of its blockchain-based system for interbank clearance and settlement. According to a statement, SARB said it completed a 14-week... read more

12 Jun 18 @ 09:00

Technology plays an obvious and increasingly important role in the evolution of the payment industry. It is the bedrock upon which payment products and services are built, and any transformation... read more

07 Jun 18 @ 10:10

Mastercard says it will launch Mastercard Send in the UK. Mastercard Send is a payment service that allows financial institutions, FinTechs, digital customers and other businesses to send real-time payments... read more

04 Jun 18 @ 12:38

A report published today by payments processor RS2 warns that the payment industry must consolidate omni-channel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to... read more

17 May 18 @ 11:33

As of late 2017, more countries and regions joined the global real-time payments movement. With the arrival of European Banking Association Real-Time 1 (EBA RT1), SEPA Instant Payments, The Clearing... read more

15 May 18 @ 14:25

Nearly 80% (77) of globally surveyed merchants hold the view that real-time payments will replace the use of payment cards over time, according to new benchmark data, “2018 Global Payments... read more

14 May 18 @ 16:46

As of May 1st, there has been a new operator of the UK’s two most important retail payment schemes. New Payments Systems Operator Limited – or NPSO for short –... read more

11 May 18 @ 16:45

In the last decade, contactless technologies, the mobile Internet and constantly connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more

11 May 18 @ 16:43

The expansion of real-time schemes globally is driving a marked change in attitudes among financial institutions, with 85% of banks globally now viewing real-time payments as the foundation for growth... read more

10 May 18 @ 15:48

Ripple has announced aggregated and averaged results from several early xRapid pilots. xRapid is Ripple’s on-demand liquidity solution which uses the digital asset XRP for more efficient cross-border transactions between... read more

04 May 18 @ 10:52

In the last decade, contactless technologies, the mobile Internet and always connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more