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When Instant Payments Are Just Payments

PYMNTS

And as promising as things are in the early stages, there’s work to be done before instant becomes ubiquitous. That will play out as optionality, and payers are starting to think about what those options will be. As instant becomes ubiquitous, FIs will have to say goodbye to some sacred cows of banking. Making Money Fast.

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Real-Time Payments & Fraud – What Can be Done?

FICO

In countries such as the UK, real-time payment schemes have been ubiquitous for many years. There are systemic steps that can be taken to protect the payments infrastructure independent of the banks, including: Confirmation of payee. The answers are neither fast nor easy, but there are things that all participants can do.

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International Payments Group Champions Faster Cross-Border Payments

PYMNTS

Payments experiences are far from ubiquitous from market to market, however, and a global payments settlement agency is now pressing for faster cross-border payments at a global scale. In addition, innovators the world over are exploring how technologies like blockchain could address payments speeds and efficiency on an international level.

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Getting Payors On Board The Instant Payments Bandwagon

PYMNTS

There is no single correct road map, Edwards said, but there are guidelines useful for any interested payer. Really making instant payment ubiquitous, Edwards said, isn’t about flipping a single set of rails on, offering it up as an option and calling it a day. How do they do that? Choice: The Golden Rule of Instant . What Comes Next.

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Unwrapping APAC’s Faster Payments Fraud Threat

PYMNTS

As faster and real-time payment schemes achieve ubiquity in more markets around the globe, speed is increasingly becoming the standard for payers of all kinds. where real-time payments and the accompanying crime have been ubiquitous for over a decade, APAC banks should be aware of the likely fraud and financial crime issues.”