Real-time paymentsRSS

Talking heads: real-time payments – instant gratification

Real-time payments are coming to you

With myriad domestic instant and real-time payments systems being deployed internationally, is the next logical step cross-border, real-time payments? We asked some Sibos delegates what they think.

Real-time payments: forging path to the “new normal”

digital

Escalating customer expectations, regulatory requirements and technological developments are fuelling the need for instant payments. Market providers agree that real-time payments will be the “new normal” and, it’s not a matter of if, it’s a matter of when.

Payments: I spy gpi

Payments

Much of the focus for correspondent bankers at this year’s Sibos will again be Swift’s global payments innovation (gpi) initiative. More than 110 transactions banks from Europe, Asia Pacific, Africa and the Americas have signed up to the initiative, which opened for live payments in January 2017.

US Faster Payments Task Force sets ambitious goal for 2020

US

The Federal Reserve’s Faster Payments Task Force isn’t kidding when it says it wants every US consumer and business to be able to accept faster payments by 2020.

Instant payments set to displace cards in Europe – Ovum

Real-time payments are coming to you

More than $809 billion is set to switch to the fledgling instant payments system in Europe by 2027, representing a significant threat to cards, according to a new report from Ovum, a London-based consultancy.

Corporate One Federal Credit Union tests real-time payments with D+H

Corporate One FCU

North American banking and payments tech vendor DH Corporation (D+H) is helping Corporate One Federal Credit Union move to real-time payments. Corporate One FCU is using D+H’s cloud-based testing environment to simulate connectivity to The Clearing House’s (TCH) real-time payments network.

The Fed highlights progress toward faster, safer payments

Real-time payments system step closer in the US

The Federal Reserve’s plan to improve the speed, efficiency and security of the US payments system has made significant strides toward those goals, but there’s more work to do, according to the Fed’s latest progress report on the initiative.

Rabobank to modernise payments ops with ACI Worldwide

Real-time payments are coming to you

Rabobank is implementing ACI Worldwide’s UP Immediate Payments solution to support SEPA instant payments.

Single point of access to all real-time payments schemes worldwide from ACI

Real-time payments are coming to you

Payments software and services vendor ACI Worldwide says its latest version of UP Immediate Payments provides “single point of access to all immediate payments schemes globally”.

Metro Bank joins Faster Payments Scheme

Metro Bank joins Faster Payments Scheme

UK-based Metro Bank says it has become the first high street bank to join the Faster Payments Scheme (FPS) since its launch.

@banking
techno