Instant Payments

15 Jan 18 @ 12:52

November saw the launch of new instant payment schemes in the US and Eurozone. The main commercial banks in the US are behind RTP®, and nearly 600 payment institutions from... read more

11 Jan 18 @ 15:55

Latest figures show that 2017 was another record-breaking year for Bacs Payment Schemes Limited (Bacs), with over 6.34 billion payments, worth a total in excess of £4.9 Trillion, processed by... read more

02 Jan 18 @ 13:35

NCR recently surveyed over 1,000 UK adults, aged 16 and above, to gather their thoughts on the future of banking. Some of the findings are pivotal in understanding how banking... read more

02 Jan 18 @ 13:27

This past year has seen a number of significant changes in the payments industry. From new transfer methods to the PSD2 push, the demand for faster, smarter, and safer transactions... read more

19 Dec 17 @ 09:00

Nets, the Nordic digital payments specialist, and OpenWay Group, the leading digital payment software developer and vendor, have published a white paper for stakeholders seeking to monetize from PSD2 and open... read more

18 Dec 17 @ 13:45

New research from Ovum reveals that North American commercial banks are continuing to increase their investment in real-time payments (RTP). The report “The rise of real-time payments in North America”, commissioned... read more

14 Dec 17 @ 15:28

Although banks and financial institutions around the world are faring relatively better than their recent past, competitive pressure from traditional rivals and emerging competitors are tightening margins, and impacting profit... read more

13 Dec 17 @ 15:18

Fundamental shifts in consumer behavior, the emergence of new technologies and an evolving regulatory landscape means the payment trends in the payments ecosystem are poised for unprecedented transformation in 2018.... read more

08 Dec 17 @ 15:27

Under assault from regulators since 2008 and distrusted by sceptical consumers, the Financial Services (FS) industry is still trying to fix past misdeeds.  But in the interim, technological advances have... read more

06 Dec 17 @ 09:55

The purpose of PSD2 is enabling third parties creating new Financial Services through open APIs to customers’ bank accounts. Such systems already exist but currently rely of questionable methods typically requiring consumers... read more

06 Dec 17 @ 09:39

The banking industry is changing. We’re now in an age where banks are competing on customer experience – and when it comes to making that experience better, using data to... read more

05 Dec 17 @ 09:23

The heads of several large European banks have told the Financial Times that they are in talks about jointly setting up a cross-border instant payments service. The details are sketchy... read more