Cost Structure Non-Bank On-Demand 
The Payments Association
JUNE 9, 2025
According to the Bank of England, RTGS settles approximately £500 billion between banks each day—around a quarter of the UK’s annual GDP—in sterling central bank money. Democratised access will foster fintech-bank collaboration, driving innovation. Why is it important?
Clearly Payments
JULY 12, 2025
Conversely, slowdowns in GDP can signal tighter consumer spending, lower business investment, and reduced demand for financial services. GDP in Canada (World Bank data) is about US$2.241 trillion, growing by 1.6% GDP in the USA (World Bank data) is about US$29.18 trillion, growing by 2.8%
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The Payments Association
MARCH 18, 2025
From open banking to open finance and beyond: The future of financial data-sharing March 18 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The evolution of open banking into open finance, examining regional regulatory approaches and adoption trends. Why is it important?
The Payments Association
JULY 11, 2025
billion in 2030, driven by cost savings that will particularly benefit smaller merchants. Security and compliance demand strategic attention POS security has evolved from a compliance checkbox to a business-critical investment as breach costs reach record levels. Average global data breach costs hit US$4.9
Finextra
JULY 21, 2025
While modernization carries inherent risks in a heavily regulated environment, the cost of inaction has become demonstrably higher. Financial institutions that delay transformation risk regulatory non-compliance, competitive disadvantage, and operational inefficiencies that compound exponentially over time.
Clearly Payments
JANUARY 10, 2024
It encompasses various elements, including the target customer segment, value proposition, distribution channels, revenue streams, key resources, and cost structure. Established payment platforms have already cultivated extensive user bases, merchant networks, and partnerships with banks.
The Payments Association
SEPTEMBER 30, 2024
It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. As the payments ecosystem continues to evolve with innovations like open banking, instant payments, and tokenisation, merchants are facing a host of challenges and opportunities.
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