Instant Payments

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Before and after instant payments

10 Oct 17 @ 12:34

How often have you got to the end of a project and wished you’d known something at the start? This is no bad thing because learning from one’s mistakes is... read more

Banks from nine countries to join EBA CLEARING’s instant payment system RT1

09 Oct 17 @ 12:13

EBA CLEARING says that banks from nine countries are preparing to join RT1, the Company’s pan-European infrastructure solution for instant payments in euro, on its go-live date in November 2017.... read more

Why it’s so important to deliver on financial inclusion

04 Oct 17 @ 09:08

Financial inclusion, particularly in the developing world, has emerged as a significant policy objective over the last decade. There is considerable will among policymakers, the development community and private sector... read more

The rise of alternative payments – and its impact on the card business

20 Sep 17 @ 14:28

From virtual mobile wallets to peer-to-peer money transfer apps, there are an increasingly diverse number of ways to pay, beyond the old medium of cash. And the geographic scope of... read more

PSR: New Payment System Operator formed

13 Sep 17 @ 12:21

The Payment Systems Regulator (PSR) and Bank of England (BoE) have announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate... read more

EMEA retailers set to increase investment in payments

11 Sep 17 @ 16:28

55% of retailers and merchants in the EMEA region are planning to increase their investment into new payments capabilities in the next 18 to 24 months, according to the  2017... read more

Beyond FinTech: An assessment of disruptive potential in financial services

23 Aug 17 @ 11:16

For years FinTech has been the hottest topic of discussion in financial services, with incumbents, regulators, and consumers all asking the same question: “Will small technology-enabled ‘FinTech’ start-ups redefine the... read more

Open financial services – An open invitation to financial inclusion

21 Aug 17 @ 13:42

‘Open’ is a short word with a long list of meanings. These range from being free to all to join, ready for business or prepared to entertain new ideas. The... read more

Indian digital transaction volumes hits 860 million per month

15 Aug 17 @ 13:31

Digital transaction volumes in India hit a new record in July growing almost 2% from the previous month to 859.2 million, according to data released by the Reserve Bank of... read more

Market Overview: Payments in Russia

31 Jul 17 @ 15:30

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more

Global non-cash transaction volumes record highest growth of past decade

25 Jul 17 @ 10:02

Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s World Payments Report prediction (Figure 1.1).... read more

EBA Clearing’s RT1 real-time platform goes into testing with 30 banks

25 Jul 17 @ 09:03

UniCredit has started testing with the first pan-European instant payment solution, RT1, in preparation for its instant payments go-live. The real-time payments product will first become available to UniCredit customers... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more