Real-Time Payments

Showing Latest Real-Time Payments

Global real-time payments transactions surge 41% in 2020

18 Apr 21 @ 12:55

More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41% compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from... read more

The European Commission Inception Impact Assessment on real-time payments in the EU

12 Apr 21 @ 13:19

On March 10, 2021, the European Commission (EC) published an Inception Impact Assessment (IIA) on the Commission’s planned initiative on real-time payments in the EU. The IIA was open for feedback... read more

Who are banks competing against in payments now?

23 Mar 21 @ 18:09

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more

Belgium: 1 in 7 transfers happens via instant payments

12 Mar 21 @ 09:08

Two years since its launch, Belgian instant payments are making real inroads in the country. Today, 20 banks process instant transfers, accounting for 95% of all current accounts in the... read more

How Issuers can build modular ecosystems for modern payments

09 Mar 21 @ 17:08

The fast-moving digital payments market, driven by ever-increasing consumer demands, requires modular ecosystems that will keep pace with innovation. With legacy platforms no longer fit for purpose, pan-European processor Nets... read more

PCM long read: What’s on the cards for 2021

02 Mar 21 @ 17:26

From acquiring to fraud, the role of big tech, mobile wallets and faster payments – PCM’s James Wood asks industry leaders to play Gypsy Rosie Lee and read what’s on... read more

Will 2021 be the year of faster payments around the world?

02 Mar 21 @ 17:25

One thing’s for sure: faster payments are going to make their presence felt around the world. Currently, some 41 markets world-wide offer some form of domestic faster payment system, with... read more

Global Payments report: Trends in global payments

25 Feb 21 @ 17:49

Global payments preferences for consumers vary considerably around the world, reflecting an infinite diversity of historical, technical, cultural, economic and regulatory factors. Alternative payment methods like digital wallets and bank... read more

Irish banks’ payments app Synch hits regulatory road bump

25 Jan 21 @ 13:28

The recent announcement from a group of Irish banks to set up an instant money-transfer app called Synch, has hit a regulatory block, as the Competition and Consumer Protection Commission... read more

Cross-border real-time payment tracker for both payers and payees

22 Jan 21 @ 12:50

iBanFirst has launched a ‘Payment Tracker’ – a real-time payment-tracking service that sets new transparency standards for the payments industry. Rolled out to both payers and payees, this unique feature... read more

Domestic Schemes matter: acquirers and merchants should not overlook them

05 Jan 21 @ 19:54

Amidst all the hype about new payments methods and channels, it’s easy to ignore smaller, single-market players – but to do so would be a mistake. Domestic payment schemes accounted... read more

Nets and Worldline join EPI as first 3rd party acquirer as deployment gathers pace

25 Nov 20 @ 13:08

The European Payments Initiative (EPI) has entered its next phase and has announced Worldline and Nets as shareholders of the EPI Interim Company, as the first third-party acquirers to join... read more

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

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