PYMNTS

APRIL 29, 2019

Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. Mixed Demand and ISO 20022. and Australia’s NPP.

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

The Payments Association

MARCH 19, 2025

Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Ensure seamless payment integrations across multiple regions, supporting local schemes like SEPA, FedNow, FPS, and instant payments without complex workarounds. Deliver, or fail fast, fix, and move on!

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

Faster Payments Council

AUGUST 23, 2024

It's time to confront the harsh reality—innovation alone doesn't drive broad adoption. However, a recent survey by FPC and Finzly reveals a stark reality: two-thirds of financial institutions lack the capability to 'send' instant payments. Does this signal a crucial gap in capitalizing on opportunities?

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

AUGUST 23, 2019

When it comes to payments, speed isn’t the only factor to consider in the deployment of real-time payments (RTP) systems. Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. Rapid Growth. Financial crime is bigger than any one organization,” she said.

Real Time Payments 77

Real Time Payments Compliance SWIFT ISO 20022 77

The Payments Association

JUNE 3, 2025

Regulatory considerations and data sovereignty Tokenisation, playing an increasingly central role in payments infrastructure, has brought attention from regulators. With FedNow enabling instant payments in the US, speed and reliability become non-negotiable.

Security 88

Security Payment APIs and Integration Payment Security Credential 88

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. Interoperability is a core component” of FedNow, said Montgomery.

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

The Payments Association

MAY 16, 2025

As instant payments become the norm, true finality is essential to ensure trust, reduce fraud risk, and protect the integrity of global payment systems. Finality is not a UX featureits the backbone of payment integrity. In real-time payments, deemed success is a legacy concept that no longer meets expectations.

ISO 20022 88

ISO 20022 Cross-Border Cross-Border Payments Settlement 88

PYMNTS

NOVEMBER 10, 2020

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. It’s the culture that is changing.”.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

PYMNTS

JANUARY 25, 2019

As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. Some financial institutions (FIs) are seeking to help their corporate clients tap into real-time payments (RTP) to keep up the pace. . “We as an example.

Real Time Payments 67

Real Time Payments Federal Reserve RTP Fed 67

Fintech News

OCTOBER 15, 2024

With the rapid evolution of payment methods and regulations, banks must stay ahead of the curve or risk being left out of the game. The necessity for modernisation is driven by several key factors, including the migration to ISO 20022, the rise of Open Banking and the introduction of Central Bank Digital Currencies (CBDCs).

ISO 20022 113

ISO 20022 ISOs Payments Federal Reserve 113

The Fintech Times

OCTOBER 24, 2024

As much as two in three European banks may not be prepared to meet the EU’s instant payment deadline, a new survey by the transaction data management firm, Intix , has revealed. With only 17 per cent of organisations relying solely on real-time screening measures.

Instant Payments 59

Instant Payments ISO 20022 Fraud Detection ISOs 59

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Lael Brainard said the coronavirus crisis has heightened the need for instant payments. That approach, she said, would be similar to the one that underpins ACH payments. A Liquidity Boost? .

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

Neopay

NOVEMBER 26, 2024

The clock is ticking for European banks as the EU’s mandatory instant payment regulations approach, but a recent survey by transaction data management specialist Intix reveals a worrying lack of readiness. By October 2025, institutions must also handle outgoing instant payments.

Instant Payments 52

Instant Payments ISO 20022 Regulations ISOs 52

The Payments Association

FEBRUARY 14, 2025

Challenger banks and fintechs thrive by offering frictionless user journeys and instant payments, while incumbents often struggle to integrate new solutions without disrupting existing systems. Meanwhile, the European Central Bank continues to emphasise real-time and instant payments.

ISO 20022 100

ISO 20022 Payment APIs and Integration ISOs Central Bank 100

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'. Learn how to position ISO 20022 as a part of an organization's broader payments modernization strategy.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

PYMNTS

JANUARY 20, 2017

EBA Clearing, set to launch its real-time payment service across Europe later this year, has officially commenced the testing phase of its technology. EBA Clearing’s technology will enable real-time payments across the EU 24/7. The firm said Thursday (Jan. The firm said Thursday (Jan.

Real Time Payments 40

Real Time Payments ISO 20022 Payments Tools Message Standards 40

PYMNTS

MAY 8, 2017

Real-time payments initiatives are under way all across the globe, but there is little consistency across jurisdictions regarding how the financial services sector takes on the initiative or where each market is at in terms of progress in achieving real-time payments capabilities. In the U.S., In the U.S.,

Real Time Payments 46

Real Time Payments ISO 20022 TCH ACH 46

The Fintech Times

JUNE 13, 2024

Real-time revolution: How MENA is leading the rise of instant payments Mostafa Menessy, co-founder and CTO of fintech solution provider Paymob The MENA region is emerging as a global leader in instant payments, driven by rapid technological adoption, strategic government initiatives, and a robust increase in digital payment transactions.

Instant Payments 59

Instant Payments Payment APIs and Integration ISO 20022 Payment Gateways 59

Fintech Finance

FEBRUARY 27, 2024

Backbase , the global leader in Engagement Banking, today announced that Alacriti , an innovator in cloud-based payments and money movement services, will integrate its payments hub solution into the Backbase Engagement Banking Platform. The evolving U.S.

Instant Payments 52

Instant Payments Payment Solutions ISO 20022 FedNow 52

Fintech News

DECEMBER 12, 2023

It is an exciting time for the industry, and proof points will emerge as we test and learn with the technology.” This shift caters to the growing demand for real-time payment services among consumers and businesses. Despite the 2025 deadline, many banks are adopting this standard early for competitive benefits.

FinTech 113

FinTech ISO 20022 Fraud Detection Instant Payments 113

PYMNTS

MARCH 9, 2020

Payment scheme providers must consider how to encourage adoption, especially if operating in countries lacking a government mandate for financial institutions (FIs) to sign on. Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S.,

RTP 81

RTP TCH ISO 20022 Real Time Payments 81

PYMNTS

AUGUST 13, 2019

Federal Reserve’s announcement that it will launch its own real-time payment and settlement system called FedNow. The much-awaited decision dismayed large banks that regard a government-run system as unnecessary competition with their own real-time rail, The Clearing House’s Real Time Payments (RTP).

On-Demand 62

On-Demand ISO 20022 Federal Reserve Faster Payments 62

PYMNTS

NOVEMBER 4, 2019

Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of open banking frameworks. Looping Into Faster Payments. Kovacs pointed to The Clearing House ’s real-time payments service, RTP, as an example of this.

Real Time Payments 44

Real Time Payments RTP Payment APIs and Integration Faster Payments 44

PYMNTS

NOVEMBER 18, 2020

The Clearing House 's RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains muted. Indeed, it can be difficult for businesses to change their payment habits. Today's Most Valuable Use Cases. But certain trends are emerging.

RTP 82

RTP Use Case Real Time Payments ISO 20022 82

Fintech News

DECEMBER 12, 2023

.” Barry Rodrigues , EVP of Payments at Finastra highlights that instant payments are set to be a major focus in 2024, building on the momentum of initiatives like the US FedNow Service and the European Commission’s move towards instant euro payments.

FinTech 98

FinTech ISO 20022 Fraud Detection Financial Literacy 98

PYMNTS

OCTOBER 22, 2020

Alacriti is rolling out a new solution that will link banks and credit unions (CUs) with the burgeoning work of real-time payments, or RTP. In turn, banks and CUs can give customers access to real-time payment services, in effect by piggybacking on Cosmos for RTP in order to connect with the Clearing House, Alacriti said.

RTP 58

RTP ISO 20022 Real Time Payments Payment APIs and Integration 58

PYMNTS

AUGUST 28, 2018

It’s been six months since New Payments Platform (NPP) Australia went live, where a few intrepid, traditional financial institutions (FIs) and financial services providers embraced a brave new world of — among other things — instant payments. The new scheme replaces the limitation with ISO 20022 data standards.

Real Time Payments 40

Real Time Payments ISO 20022 Payments ISOs 40

PYMNTS

MAY 29, 2019

Recently, several FIs went to work to link businesses with the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme for faster international payments in Europe. Deep Dive: Real-Time Payments’ Impact on Liquidity Management. For the full story, download the Tracker.

ISO 20022 55

ISO 20022 Liquidity Management Real Time Payments Faster Payments 55

Segpay

JUNE 13, 2024

Last year, the Federal Reserve launched FedNow, an instant payment service expected to revolutionize the US payment landscape. The Federal Reserve’s goal is to achieve wide adoption of FedNow over time, much like the Fedwire ® Funds Service and FedACH ® Services. What is FedNow?

FedNow 52

FedNow Federal Reserve Real Time Payments Instant Payments 52

PYMNTS

FEBRUARY 21, 2019

The companies noted that the blocks are focused on SWIFT and SEPA payments, using EastNets’ PaymentSafe and SafeWatch Filtering solutions, which will make such payments compliant with anti-money laundering (AML) mandates. Faster Payments In Asia.

Cross-Border 76

Cross-Border Cross-Border Payments Real Time Gross Settlement (RTGS) Rules 76

PYMNTS

APRIL 8, 2020

The time available to fix SWIFT messages is two days; the time to fix real-time gross settlement (RTGS) payments is the daily cutoff; to fix faster payments is two hours; and instant payments a scant two minutes. Where We Need To Be. “That isn’t changing,” said Brandli.

Real Time Gross Settlement (RTGS) 72

Real Time Gross Settlement (RTGS) ISO 20022 Cross-Border Cross-Border Payments 72

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. OpenPayd Debuts Real-Time FX.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

AUGUST 30, 2018

The bank noted that the outage did not impact the infrastructure that supports its New Payments Platform (NPP), Australia’s real-time payments service. Later in the day, the bank tweeted that retail and corporations could make and receive payments without indicating if the system was completely restored.

ISO 20022 40

ISO 20022 ISOs Payments Real Time Payments 40

PYMNTS

OCTOBER 18, 2017

Temenos recently released research with Ovum, the “ 2017 Transaction Banking Survey: Challenges & Imperatives of Real-Time Payment and Liquidity ,” that found 80 percent of corporate treasurers are exploring their options and considering switching banking providers if it means they’ll gain access to better, value-added services.

ISO 20022 49

ISO 20022 Risk Management Real Time Payments On-Demand 49

Evolve Payment

SEPTEMBER 29, 2023

More Instant Peer-to-Peer (P2P) Payments Waiting days for payments to clear will become a thing of the past in 2024. Instant payments will become the norm, enabled by technologies like real-time payment networks and blockchain.

Industry Trends 52

Industry Trends Contactless Payments ISO 20022 Cross-Border 52

Seon

JULY 27, 2023

FedNow, the instant payment service that launched in the US on July 20, 2023, could bring significant new developments to your organization. Launched on July 20, 2023, the FedNow Service is an instant payment system created by the Federal Reserve for American households and businesses. What Is FedNow?

FedNow 40

FedNow Federal Reserve ISO 20022 Fraud Detection 40

PYMNTS

AUGUST 5, 2019

Financial players’ attempts to address such issues include offering pre-validation services to confirm payment details prior to initiating payments, creating regional instant payment schemes or making domestic real-time payment systems interoperable to quickly move funds.

Cross-Border 46

Cross-Border ISO 20022 Cross-Border Payments Payment APIs and Integration 46