Instant Payments

Showing Latest Instant Payments

Accelerating instant payments adoption in the US

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

Visa Direct funds available in cardholder accounts in 1 minute

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

EBA CLEARING launches SEPA-wide verification of payee solution

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

Innovation in Hungarian instant payments with qvik

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

Norway joins Eurosystem’s TIPS

02 Dec 24 @ 15:34

In a landmark agreement, the European Central Bank (ECB) and Norges Bank have announced that Norway will integrate its currency, the Norwegian krone, into the TIPS system (TARGET Instant Payment... read more

European banks think SEPA instant timelines unachievable

26 Nov 24 @ 12:00

The digital payments landscape in Europe is undergoing a seismic shift as banks prepare to implement SEPA Instant, the regulation mandating instant payments in euros across the Single European Payments... read more

Scamscope projects APP scam losses to hit $7.6 billion by 2028

21 Nov 24 @ 11:34

APP scam losses (Authorised push payment) are on the rise, and expected to climb to $7.6 billion by 2028 across six leading real-time payment markets (US, UK, India, Brazil, Australia... read more

From Eurocard to Wero wallet: leveraging early initiatives as drivers for success

20 Nov 24 @ 10:32

In the world of European payments, any new development is never that far from what has gone before. Ground breaking technology inspires new working methodologies. Visionary leaders effect unique market... read more

Spain leads instant payments EPC OCT Inst scheme adoption

19 Nov 24 @ 17:23

Spain has achieved a ground breaking milestone in the evolution of global payments by becoming the first European banking area fully connected to the European Payments Council’s (EPC) One-Leg Out... read more

Only 1 in 3 European banks prepared for instant payments regulation

18 Nov 24 @ 13:48

The clock is ticking for European banks as the EU’s mandatory instant payment regulations approach, but a recent survey by transaction data management specialist Intix reveals a worrying lack of... read more

Future-ready ecosystem: UK payments national vision

15 Nov 24 @ 16:01

The UK government has unveiled its National Payments Vision, a forward-looking framework designed to position UK payments as a global leader in payments innovation. This ambitious plan, underpinned by cutting-edge... read more

Why securing instant payments is key to next-level service delivery

12 Nov 24 @ 09:49

INFORM have launched a new white paper which explains the challenges inherent in securing instant payments and the best means to achieve this goal. The white paper also claims instant payments represent... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more