Real-Time Payments

Showing Latest Real-Time Payments

Business Payments Barometer – Fraud soars in cashless economy

27 Jun 22 @ 09:46

Bottomline has revealed that the shift to hybrid working has left businesses seriously exposed to insider fraud[1], with over half of businesses (52% in GB and 63% in the US)... read more

Irish mobile payments app Synch gets regulatory approval

20 Jun 22 @ 10:55

In mid-January 2021 the four of Irelands largest banks joined forces to launch an instant payments digital payment app, dubbed Synch, that they intended to promote to help fend off... read more

Interac e-Transfers surpasses 1 billion transactions in the last 12 months

17 Jun 22 @ 09:24

Interac says that Canadians have reached a money movement milestone.  Interac e-Transfer usage has crossed a new threshold, reaching more than 1 billion transactions over a 12-month period for the... read more

What the staggered implementation of ISO 20022 means for financial services firms

15 Jun 22 @ 17:07

November 2022 marks the point of migration for some of the top global payment infrastructures to ISO 20022, an international standard for exchanging electronic messages between financial institutions, covering cards,... read more

P27 nears live testing with banks integrated into Swish

10 Jun 22 @ 12:44

After nearly two years of painstaking implementation, P27 will soon be ready to transition from working with prospective participants to actual customers. Instant payments are at the top of P27’s... read more

Family wallets are the foundation of future banking

06 Jun 22 @ 09:36

A new white paper from European payments solutions leader NETS suggests that family wallets will be pivotal to tomorrow’s financial services landscape. With recent work from the European Banking Authority... read more

The cool Nordics attract hot FinTech action

13 May 22 @ 10:40

With a combined population of 27 million digitally-savvy consumers, the Nordic region is rapidly becoming a FinTech hotspot. As the Yearbooks outline in detail, the frenetic buzz of activity around... read more

Merchants see substantial losses from unoptimised payments strategies

10 May 22 @ 17:20

A survey of Senior Payments Professionals has found that merchants across a range of industries are seeing substantial losses as a result of unoptimised payment strategies. In the Great Payments... read more

New payment types unlocking the potential of Latin America

10 May 22 @ 11:56

In a region where about half the population still doesn’t have a bank account, new payment types are unlocking the potential of the Latin American market for online merchants as... read more

Alternative Payments: Why are “Alt Pays” on the rise?

05 May 22 @ 10:00

As both Visa and Mastercard announce higher charges for e-commerce transactions and almost two-thirds of Europeans now bank online, it seems the popularity of alternative payment methods, or “alt-pays”, continues... read more

Interview: The rapid rise of Pix real-time payments in Brazil

04 May 22 @ 08:58

Two years ago, the Brazilian Central Bank decided to launch Pix, a real-time payment scheme that the bank developed, manages, operates, and owns. Since its launch, Pix has seen remarkable... read more

Emerging economies outpace developed nations in real-time payments modernisation

29 Apr 22 @ 17:33

National governments and central banks that enable the move towards real-time payments unlock economic growth and accelerate financial inclusion for increasingly fast-paced and digital-led ‘gig economies’ according to the third... read more

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Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more