Instant Payments

04 Mar 25 @ 17:01

The landscape of instant payments in the US is evolving rapidly, driven by the dual forces of the Real-Time Payments (RTP) network and the Federal Reserve’s FedNow service. Despite the... read more

05 Feb 25 @ 14:53

The financial industry is in the midst of a technological revolution, and real-time payments are at the forefront of this transformation. Legacy banks that once relied on monolithic architecture now... read more

31 Jan 25 @ 14:08

Led by phenomenal growth in Same Day ACH, Nacha reported across-the-board gains in ACH payments volume and value in 2024. Same Day ACH payment volume topped the 1 billion mark,... read more

13 Jan 25 @ 19:27

European instant payments are about to speed up. The new SEPA (Single European Payments Area) Credit Transfer mandate (SCT Inst) has taken root and deadlines for implementation are as soon... read more

09 Jan 25 @ 17:43

The European Union’s Instant Payments Regulation (IPR), which came into force in April 2024, marks a pivotal step in moving the financial landscape across the Single European Payments Area (SEPA)... read more

06 Jan 25 @ 17:45

The European Central Bank’s (ECB) 2024 Study on the Payment Attitudes of Consumers in the Euro Area (SPACE) provides a comprehensive analysis of consumer payment behaviours, highlighting significant trends and... read more

06 Jan 25 @ 13:59

Over the past year, the accelerating pace of payment digitisation has become evident in every corner of the globe. While each region is at a different stage of maturity in... read more

06 Jan 25 @ 13:17

The launch of the Wero digital wallet represents a major milestone in advancing a unified European payment solution – and at Payments Cards & Mobile we covered this initiative a... read more

20 Dec 24 @ 13:47

The landscape of instant payments in the US is undergoing significant transformation, with projections indicating substantial growth in adoption rates by 2028. According to Reed Luhtanen, Executive Director of the... read more

13 Dec 24 @ 10:48

Visa has announced that with Visa Direct, funds transferred to US bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses and governments can... read more

11 Dec 24 @ 11:03

EBA CLEARING has unveiled a SEPA-wide Verification of Payee (VOP) solution designed to help payment service providers (PSPs) comply with the Instant Payments Regulation (IPR) and the European Payments Council’s... read more

09 Dec 24 @ 11:27

Digital payments in Hungary have just become easier, cheaper and faster with the ‘qvik’ instant payment service, which was launched by the central bank in September 2024. Consumers are now... read more