Real-Time Payments

10 Jan 24 @ 17:03

After much stuttering and starting it seems like the European Payments initiative – EPI – is starting to get its act in gear. In July 2020 the European Central Bank... read more

15 Dec 23 @ 11:41

The Federal Reserve says that FedNow Service participation continues to show strong growth and diversity heading into the new year. 331 institutions, headquartered in 45 states and ranging in size... read more

15 Nov 23 @ 12:56

Globally, payments revenues have proved remarkably resilient, overcoming a variety of regional headwinds to grow at rates well above the established long-term trend. Payments revenues grew at 11% in 2022—a... read more

13 Nov 23 @ 18:04

The SEPA Instant Credit Transfer scheme (SCT Inst), which operationalised euro-based Instant Payments, first went live in late 2017. Several years later, Instant Payments have not seen widespread adoption across... read more

10 Nov 23 @ 14:43

Amid the glare of red rockets and much other fanfare, the US finally announced the launch of FedNow on July 2023. 57 US banks (out of some 14,000 with licenses... read more

07 Nov 23 @ 11:35

The latest Pix by the Numbers report covers data through Q3 2023, and shows Pix volume continuing to surge. The report also offers key insights for US financial institutions (FIs)... read more

18 Oct 23 @ 16:32

Al Etihad Payments (AEP) a subsidiary of the Central Bank of the UAE (CBUAE) has announced it will launch a 24/7 instant payments system and domestic card scheme. The central... read more

29 Sep 23 @ 14:33

As cross-border payment volumes grow and technology becomes more sophisticated, we look at high-risk and lower-volume payments markets to find out what’s happening. Is now the time for major international... read more

18 Sep 23 @ 16:46

The World Payment Report 2023 Executive Survey results indicate that retail payments comprise 59% of total transaction volume while commercial payments comprise 41%. However, in terms of value, commercial payments make... read more

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

07 Jul 23 @ 13:25

With all the noise around the impending opening up of the newest payment rails in the US, we ask “What is the difference between the Federal Reserve’s new instant payments... read more

26 Jun 23 @ 17:13

Instant payments are a relatively new type of credit transfer responding to the needs of an increasingly digitalised society. They allow funds to be transferred in a matter of seconds,... read more