Finextra

JUNE 24, 2025

EuroPA is an alliance of national digital payment champions – 𝗕𝗮𝗻𝗰𝗼𝗺𝗮𝘁(Italy), 𝗕𝗶𝘇𝘂𝗺 (Spain), 𝗠𝗕 𝗪𝗔𝗬 (Portugal), 𝗕𝗹𝗶𝗸 (Poland), 𝗜𝗥𝗜𝗦 (Greece), and 𝗩𝗶𝗽𝗽𝘀 𝗠𝗼𝗯𝗶𝗹𝗲𝗣𝗮𝘆 (Nordics). Wero, in contrast, offers a unified architecture, designed for full interoperability and scale across Europe.

Agreements 59

Agreements Payment Networks Digital Payments Payment APIs and Integration 59

Finextra

JUNE 11, 2025

Early Electronic Initiatives (late 1980s/early 1990s): Limited electronic fund transfers began to emerge, mainly within banks or for specific corporate clients, but were not widely interoperable. Unified Payments Interface (UPI) (2016): The game-changer. Its simplicity, interoperability, and low cost made it an instant success.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

The Fintech Times

MARCH 18, 2025

Wipay Another International Pix partner is Wipay, a Spanish company specialising in payment technology, which has announced the arrival of the Pix Instant Payment System in Europe. Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs.

Online and Mobile Banking 64

Online and Mobile Banking Central Bank Cross-Border Instant Payments 64

Finextra

JUNE 18, 2025

The pilot demonstrated: No impact on customer experience: payment remained seamless at checkout. Interoperability across multiple domestic and international card schemes without cobadging constraints. They are now evolving to incorporate Instant Payments , and will likely move to integrate the Digital Euro in the future.

ISO 20022 52

ISO 20022 Transactions Payment APIs and Integration Cross-Border 52

Fintech News

FEBRUARY 28, 2025

Yet, despite the rise of instant domestic payments, cross-border transactions remain slow, costly, and inefficient. Domestic instant payment systems (IPS), such as Malaysias DuitNow and Singapores PayNow, have revolutionised payments within their respective countries.

Cross-Border Payments 72

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 72

Fintech News

NOVEMBER 12, 2024

However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.

FinTech 111

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 111

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. Nick Charteris CEO, Optimus Cards UK Limited The Payments Report 2024 highlights key trends transforming the payments ecosystem.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Payments Association

MARCH 19, 2025

The European PSD2 framework, growing pressure on big techs financial ambitions, and central bank digital currency (CBDC) discussions all indicate a looming regulatory crackdown. This is particularly relevant in regions with growing account-to-account (A2A) payments, such as Europes Single Euro Payments Area (SEPA) instant payments.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Finovate

MARCH 7, 2025

Neal: While still in its early stages, the European Payments Initiative (EPI) is playing a crucial role in reshaping the EU payment landscape. By competing with global giants, EPI is pushing Europe toward a more integrated, efficient, and competitive payment system.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

Finextra

JULY 16, 2025

The pressure to solve real challenges — such as low banking penetration, financial exclusion, limited access to credit cards, lack of interoperability, and acceptance barriers for traditional (and international) payment methods — planted the seeds for fintech and digital banks. And thats exactly what we did.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Credit Cards Financial Inclusion 52

The Payments Association

JULY 18, 2025

Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change.

Regulations 88

Regulations Payment APIs and Integration Payments Legal 88

The Fintech Times

MAY 1, 2025

UAE-based alternative payment method (APM) provider Pay10 has secured an open finance licence from the Central Bank of the UAE , enabling it to provide payment initiation services, including variable recurring payments across the country.

Finance 45

Finance Security Central Bank Interoperability 45

Finovate

JANUARY 24, 2025

One early issue will be compliance with the Instant Payments Regulation (IPR). Shabi: The Instant Payment Regulation (IPR) is designed to make instant euro payments secure and accessible across the EU. Offering seamless, instant payments can attract more customers and build trust. raised $4.5

Regulations 72

Regulations FinTech BNPL Cross-Border 72

PYMNTS

DECEMBER 1, 2020

The Central Bank of Iceland (CBI) is debuting a new instant pay platform with partnership with SIA , a European company specializing in high-tech payment services and infrastructures, according to a press release. In October, SIA was bought by Italian digital payment company Nexi for $5.4 billion.

Central Bank 77

Central Bank Instant Payments Payments Interoperability 77

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. Looking Toward Interoperability And Scale .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

PYMNTS

SEPTEMBER 8, 2020

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system. “To

Digital Currency 87

Digital Currency Central Bank CBDC Instant Payments 87

PYMNTS

AUGUST 7, 2020

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. Lael Brainard said the coronavirus crisis has heightened the need for instant payments.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

Fintech Finance

JUNE 18, 2024

STET’s platform uses ACI Low Value Real-Time Payments as a SaaS service, offering sophisticated routing and processing capabilities to enable its 20 member banks to connect directly to the European schemes, TIPS and RT1, hence providing full pan-European reachability and interoperability for instant payments.

Cross-Border 98

Cross-Border Cross-Border Payments Transactions Instant Payments 98

PYMNTS

MAY 22, 2020

Having led on issues like consumer data privacy, the European Union (EU) is trying to pull ahead on real-time payments as well. Sweden’s central bank, Sveriges Riksbank, is the newest financial institution (FI) to connect to TIPS, for example.

Faster Payments 137

Faster Payments Real Time Payments Cross-Border Payments 137

PYMNTS

OCTOBER 15, 2020

There’s no doubt that when it comes to large bulk payments, said Waterhouse, ACH has strong advantages for users and processing efficiency. But the faster payment systems are showing advantages, too, he said. All of these new instant payments systems around the world are being built on the ISO 2002 standard,” said Waterhouse.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

MAY 20, 2020

The European Central Bank (ECB) is the European Union’s foremost regulatory body. Accomplishing this task poses a unique set of challenges, however, particularly when it comes to real-time payments. Making cross-border payments in the EU therefore requires interconnectivity between the regions’ various real-time payments rails.

Real Time Payments 84

Real Time Payments Cross-Border Cross-Border Payments Central Bank 84

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept. Interoperability Is Key.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

PYMNTS

NOVEMBER 13, 2020

may take its place alongside markets in Asia and, say, Brazil (where instant payments can be done across PIX, and all wallets that use QR codes are interoperable). Visa and other payments networks, stretching back a few years to 2017, had debuted the world’s first interoperable QR code acceptance solution in India.

Contactless Payments 122

Contactless Payments Interoperability PayPal Venmo 122

PYMNTS

DECEMBER 4, 2018

The payment messaging entity SWIFT this past week began implementing its SWIFTNet Instant service that is tied to the Eurosystem’s TARGET Instant Payment Settlement service. The service, as has been reported, lets customers make instant payments from inside the Single Euro Payments Area (also known as SEPA ).

Instant Payments 50

Instant Payments ISO 20022 SWIFT ISOs 50

PYMNTS

JUNE 27, 2019

In light of competition from Facebook and other tech firms and banking firms, the European Union could potentially have a real-time payments system in place by 2020, according to a report by Reuters. . Goosse said that by 2020, instant payments could spread to all banks in the EU. So we have no time.”.

Instant Payments 46

Instant Payments Real Time Payments Settlement Payments 46

The Fintech Times

MAY 12, 2025

As national payment infrastructures become more interoperable and networked on a regional, and soon global, scale, stablecoins may start to lose their perceived ‘indisputable’ advantages in the cross-border sector. Will the rug be pulled from under stablecoins by incumbent instant payment schemes?

Interoperability 45

Interoperability Stablecoins Cross-Border Cross-Border Payments 45

PYMNTS

OCTOBER 21, 2020

In April, for example, the EBF, European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group (ESBG) said that tech-driven priorities include the development of instant payments capabilities across the EU and robust data sharing. Interoperability is Key — and so are Partnerships .

Interoperability 126

Interoperability Digital Currency Cross-Border Shutdown 126

PYMNTS

AUGUST 1, 2019

Such experiences require payments interoperability, which can be a significant challenge due to changing technologies and regulations. Many initiatives are currently underway around the globe to push such efforts along, meaning interoperability may not be as far off as once thought. What is payments interoperability?

Cross-Border Payments 43

Cross-Border Payments Cross-Border Interoperability Electronic Funds Transfer (EFT) 43

Faster Payments Council

MARCH 15, 2023

With the system joining the existing RTP system, both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'. Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

The Payments Association

APRIL 23, 2025

SEPA Instant promises faster, 24/7 payments across Europe, but with few banks ready, urgent investment is needed to meet rising demand and regulatory deadlines. Instant payments have emerged as awidely adopted benchmark over recent years, capable of reshaping customer expectations and business operations across various sectors.

Real Time Payments 88

Real Time Payments Innovation Instant Payments Payments 88

PYMNTS

JULY 30, 2020

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The new system, slated to debut in 2022, will also have the capability to handle a central bank digital currency (CBDC), such as a digital pound, CoinDesk reports.

Real Time Gross Settlement (RTGS) 63

Real Time Gross Settlement (RTGS) Digital Currency Central Bank CBDC 63

The Fintech Times

JUNE 21, 2024

Since 2017, STET , the European clearing and settlement systems (CSM) and ACI Worldwide , the real-time payments software provider, have been working together to offer seamless, instant payments across the Single Euro Payments Area (SEPA). It provides solutions to central banks, participant banks, fintechs and other PSPs.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Process Instant Payments 59

Fintech Finance

OCTOBER 4, 2024

. “This landscape is promising, but there are still challenges that need to be addressed, such as high market fragmentation and a lack of interoperability. “Incorporating Alternative Payment Methods (APMs) is not only about offering more options, it’s also about bringing people in,” highlights Etcheverry.

Consumer 98

Consumer Online and Mobile Banking Credit Cards Economy 98

Faster Payments Council

SEPTEMBER 12, 2022

How can we look to this rapidly growing business for new use cases for instant payments? The panel will discuss issues such as security, governance, and interoperability as well as concerns that the U.S. What will this look like in the coming years? market needs to keep in mind when creating directories.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

Fintech News

DECEMBER 10, 2023

Combatting fraud As the world becomes more interconnected and instant payments gain prominence, the threat of fraud also rises. Push payment fraud, where funds are transferred to fraudulent accounts, is a significant concern. The immediacy of instant payments demands precision and validation.

Addressing 122

Addressing Fraud Prevention Financial Inclusion Payments 122

Fintech Finance

MAY 3, 2024

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface, UPI stack in Namibia.

Underserved 52

Underserved Interoperability Instant Payments International Payments 52

PYMNTS

JANUARY 21, 2019

The letter highlighted the role of faster payments as a panacea to financial inclusion problems in the U.S. The letter highlighted that access to the payments systems today is only possible through incumbent intermediaries – the banks and the card networks – which have not kept pace with the needs of consumers and businesses.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77