FICO: UK Banks Must Educate Consumers About Real-Time Payments to Build Trust and Boost Adoption
The Fintech Times
MARCH 31, 2025
UK banks need to focus on building confidence in the security of real-time payments, global analytics software leader FICO has urged following its latest international survey. According to the FICO survey, three-quarters of consumers in the UK say they have sent (79 per cent) and received (73 per cent) real-time payments (RTP). However, nearly a quarter (23 per cent) say they do not know if RTP processes include enough security checks.
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