Real-Time Payments

13 May 24 @ 16:08

Real-time or Instant Payments networks operate 24/7 and provide numerous advantages, across flexibility, enhanced security, cost reduction and instantaneity. They also enable almost immediate money transfers between accounts, enhancing transaction... read more

07 May 24 @ 15:42

US businesses and consumers are rapidly adopting digital, instant payments services, according to studies released by Federal Reserve Financial Services. Digital wallet use saw especially strong growth in 2023 —... read more

07 May 24 @ 14:58

EBA CLEARING says that, together with eight multinational payment service providers (PSPs), it has completed a pan-European proof of concept leveraging its R2P Service (Request to Pay). As part of... read more

03 May 24 @ 14:10

Global real-time payments (RTP) growth has reached sustainable levels with 266.2 billion real-time payments transactions recorded in 2023 – a year-over-year (YoY) growth of 42.2% – according to the 2024... read more

10 Apr 24 @ 15:26

ACI Worldwide has revealed striking new data proving instant payments will boost the financial prospects of young adults in the EU. New research from the Centre for Economics and Business... read more

27 Mar 24 @ 19:12

New research from RedCompass Labs, reveals that 58% of European banks that do not currently offer instant payments believe the timelines set out by the EU in the new SEPA Instant payments... read more

18 Mar 24 @ 18:05

A new white paper from global digital banking infrastructure firm RS2 describes the rapid adoption of Instant Payments world-wide, predicting that one in three consumer payments will be instant by 2029.... read more

11 Mar 24 @ 20:26

According to Ovum[1], the use of instant payments for e-commerce will account for almost one in three of all digital transactions across Europe by 2027. This brings benefits to merchants... read more

26 Feb 24 @ 10:47

Growth in Instant Payments has been stratospheric over the last decade, hitting 29.1% year-on-year. Data Bridge Research predict[1] instant payments will account for one in three of all consumer transactions... read more

15 Feb 24 @ 11:40

Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the... read more

08 Feb 24 @ 18:06

MEPs have adopted new rules to ensure instant payment transactions arrive immediately into the bank accounts of retail customers and businesses across the EU. The new regulation aims to make... read more

24 Jan 24 @ 19:33

The U.S. Faster Payments Council (FPC), has published a new industry resource, titled Fraud Trends and Mitigation Opportunities. Developed by the FPC Fraud Work Group, this inaugural bulletin is aimed... read more