The Payments Association

JULY 18, 2025

It offers practical, high-level analysis of what’s live, what’s coming into force, and what’s under active consultation, covering fraud liability, stablecoin oversight, instant payments, digital operational resilience, and future developments such as the digital pound and digital euro. Implement real-time fraud and sanctions screening.

Regulations

Fintech Finance

JUNE 16, 2025

European Payments Initiative (EPI) , the European-grown player committed to offering a sovereign payment alternative to all consumers in Europe, announced today the onboarding of 5 local Luxembourg banks as members, now preparing for the launch of the Wero wallet and instant A2A payment solution.

Digital Payments

The Payments Association

MARCH 18, 2025

The countrys instant payments system, Pix, has been integrated into the open finance ecosystem, significantly driving adoption. Adoption remains focused on account aggregation and payment initiation services, with further expansion into open finance still in progress.

Finance

Fintech Finance

JULY 30, 2025

She also serves as chairperson of EMPSA (the European Mobile Payments Systems Association), representing 11 of the Europe’s leading instant payment solutions, and co-leads EuroPA (the European Payments Alliance), advancing groundbreaking interoperability and cross-border payment initiatives.

Consulting

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

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Upon launch, FedNow will operate alongside other payment rails, offering FIs and service providers “an additional choice in terms of infrastructure to support instant payments.”.

Instant Payments

Fintech Finance

OCTOBER 15, 2024

Developed by TRANSFOND, RoPay is an instant mobile payment initiation service that enables direct account-to-account transfers (A2A), utilizing technologies such as QR code scanning, deep links, NFC (contactless), or mobile numbers as proxies (aliases) for IBANs.

Instant Payments

Payments Dive

MAY 8, 2018

FSS Instant Payments is a real-time, instant, interbank account-to-account electronic fund transfer service, available 24/7/365, with secure transaction posting and immediate noti?cation cation features within seconds of payment initiation.

Instant Payments

PYMNTS

JANUARY 4, 2019

The new year dawned with individual country and company initiatives tied to instant payments, and moving beyond cash transactions. 3) that, in Hungary, commercial banks have started a test phase for a domestic instant payments system, with a “go live” date slated for July 1.

Instant Payments

PYMNTS

OCTOBER 16, 2020

In today’s top news in digital-first banking, Mizuho Bank, JCB and Fujitsu will pilot a blockchain-based identification system, while BBVA participated in an instant payments experimental effort in the U.K. BBVA Participates in Pilot for Instant Payments in Britain.

Instant Payments

Fintech Finance

APRIL 15, 2024

Sopra Banking Software (SBS), the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, today announced the availability of its cloud-based Instant Payments solution.

Instant Payments

PYMNTS

SEPTEMBER 18, 2020

Square’s Next Leap Forward On Instant Payments . Square this week captured some serious headlines with its announcements of two new products: Instant Payments and On-Demand Pay. Instant Payments allows employers to fund payroll in close to real time.

Instant Payments

PYMNTS

AUGUST 14, 2020

A week after details of the Federal Reserve’s instant payment initiative emerged, news came via Bloomberg that the central bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Digital dollars on the horizon? Maybe – but first comes a focus on policy.

Digital Currency

PYMNTS

OCTOBER 9, 2020

The Fed also launched an instant payment initiative in August. Last month, Cleveland Federal Reserve President Loretta Mester said in her speech “Payment and the Pandemic” that laying the groundwork for digital currency has been a priority since before COVID-19. .

Digital Currency

PYMNTS

AUGUST 6, 2020

In August’s The FI’s Guide To Modernizing Digital Payments , PYMNTS explores the latest in the world of payments modernization, including record numbers of digital payment users in India, high demand for instant payments from corporates as well as consumers, and emerging competition from FinTechs and challenger banks.

Regulations

Fintech News

AUGUST 21, 2024

This trend is persisting beyond the pandemic, solidifying digital payments’ position as the preferred mode of transaction in the post-COVID era. Trends impacting the Asian payments ecosystem Asia is witnessing a significant transformation, mainly driven by the Instant Payment trend.

Payments Trends

The Payments Association

DECEMBER 11, 2024

2025 payment trends focus on digital wallets, instant payments, AI, fraud prevention, and consumer convenience, driven by evolving regulations and innovation. As the payments landscape evolves, businesses face increasing pressure to adapt to technological advancements and changing consumer expectations.

Payments Trends

Fintech Finance

JUNE 25, 2024

Wero , the new European payment solution developed by the European Payment Initiative (EPI) will be available to Computop customers from the moment it launches e-commerce payment in mid-2025. While payments between individuals will be available in 2024, online retailers will be able to offer wero payments by mid-2025.

Payment APIs and Integration

Finextra

DECEMBER 18, 2023

The European Payments Initiative has completed its first account-to-account instant payment transaction in a proof-of-concept between customers from Sparkasse Elbe-Elster in Germany and Banque Populaire and Caisse d’Epargne (Groupe BPCE) in France

Accounts

PYMNTS

OCTOBER 28, 2019

Spring by Citi will leverage the Mastercard payment gateway and let merchants collect payment from cards, electronic wallets and newer methods like request to pay, open banking and instant payments bank transfers. . “We

Global Payments

The Paypers

MARCH 9, 2021

Open Banking payments platform Token and BNP Paribas have announced the launch of an online payments service to combine the power of SEPA Instant and PSD2 APIs, two major initiatives from the European Payments Council.

Payment Initiation

PYMNTS

SEPTEMBER 17, 2020

Last month, AscendantFX Capital, a Toronto-based cross-border payments provider, joined the SWIFT network. By using its Global Payment Initiative (GPI), the company said it hopes to access better API capabilities and improve its aPay platform.

Cross-Border

Fintech Finance

JULY 3, 2024

European Payments Initiative (EPI) , a European-grown player committed to offering a sovereign payment solution to all consumers on the continent, has announced the launch of its mobile-first wallet and instant account-to-account payment solution, wero , for customers of German Sparkassen and Volksbanken, Raiffeisenbanken.

Digital Payments

PYMNTS

OCTOBER 17, 2018

In collaboration with Yandex.Money , Sberbank and Yandex’s electronic payments joint venture, Sberbank has reportedly launched a B2B payments system that facilitates transactions within minutes, rather than the one to three days it usually takes, according to Telecompaper reports on Wednesday (Oct.

B2B

The Fintech Times

JULY 24, 2024

Last year, the US Federal Reserve launched FedNow as a competitive alternative for instant payments in the US. Celebrating its first birthday, we review how the instant payments service has been adopted over the past year. Are instant payment methods becoming more mainstream in the US?

FedNow

PYMNTS

NOVEMBER 28, 2016

Several years later, the initiative has made big strides as other markets around the globe look to the U.K. to launch their own faster payments efforts. But there is still a long ways to go, and in the several years since the Faster Payments initiative first began, it’s also morphed to evolve along with the technology available.

Faster Payments

PYMNTS

DECEMBER 12, 2019

Access to real-time payments (RTP) could resolve various headaches for businesses, as many do not want to face the uncertainties associated with late payment deliveries to suppliers and employees. This reduces the risk of payments being returned to senders. . A December 2018 survey of 57 U.S.

API

PYMNTS

AUGUST 21, 2020

One note of distinction: Cunha said exploration of CBDCs has nothing to do (yet) with FedNow , the instant payments initiative detailed in recent weeks by the Fed, which is eyeing a 2023-24 timeframe to launch. The platforms underpinning CBDCs must be adaptable to address those concerns, he said.

CBDC

The Paypers

DECEMBER 14, 2023

The European Payments Initiative (EPI) has successfully completed its first account-to-account instant payment transactions with wero.

Cross-Border Payments

PYMNTS

DECEMBER 3, 2020

Some of the most prominent include the SWIFT gpi service, request-to-pay capabilities and instant payments, which all require banks to loop into third-party payment networks and service providers.

Payment APIs and Integration

PYMNTS

JANUARY 21, 2019

The card networks enable instant payments today, too. Mastercard (Send) and Visa (Direct) use their debit rails to push instant funds into the accounts of consumers and SMBs, and are enabling access to instant funds around specific use cases for FIN members today.

Faster Payments

PYMNTS

SEPTEMBER 27, 2018

People can start using their bank and SVF mobile apps to register their phone numbers or email addresses for the service, and will be able to make and receive payments on Sept. “It makes retail fund transfers and payments much quicker and easier. .” Transfer amounts can be as high as HK$1 million, reports said.

Faster Payments

The Paypers

APRIL 26, 2023

The European Savings and Retail Banking Group (ESBG) has welcomed the announcement by the European Payments Initiative (EPI) of its new instant payment solution and acquisitions of additional shareholders.

Payment Solutions

PYMNTS

AUGUST 13, 2019

Financial messaging service provider SWIFT , for one, recently tested an effort to send money instantly between countries’ real-time payment systems. Around the world , demand is high for faster payments services, with Latvia reporting strong uptake of its own instant payment system. Get the full story in the Tracker.

On-Demand

The Payments Association

OCTOBER 4, 2024

We have already mentioned the rise of instant payments as a viable threat to the industry. Traditional point-of-sale (POS) systems are also becoming less relevant, requiring upgrades and investment to support new payment methods. Additionally, regulatory caps on interchange fees in some regions (e.g.,

Online and Mobile Banking

Finovate

SEPTEMBER 19, 2024

At the event, the Norway-based fintech showed how its technology can be used to facilitate instant payments and bank transfers directly from an app or website. Today, the company unifies access to more than 2,500 banks and 150 million bank customers across Europe.

Innovation

PYMNTS

JUNE 4, 2019

Visa and Natixis Payments have launched Xpollens, a complete white label “Payments in a Box” service for retailers, corporations and Fintechs. Xpollens helps organizations integrate the whole range of payment services, from cards to instant payments, according to a press release.

Instant Payments