Instant payments RSS

The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... more

The post FSB: Roadmap for enhancing cross-border payments appeared first on Payments Cards & Mobile.

Portugal’s Instant Payments platform SIBS, is now able to make pan-European instant payments from Portugal to other markets – until now an exclusive service between national banks. The SIBS platform,... more

The post Portugal’s SIBS opens up pan-European Instant Payments appeared first on Payments Cards & Mobile.

The ECB has announced that it will investigate how TARGET Instant Payment Settlement (TIPS) could support instant payments transactions across different currencies. The investigation will begin as of October 2020... more

The post ECB proposes cross-currency instant payments pilot with Sveriges Riksbank appeared first on Payments Cards & Mobile.

The latest version of the World Payments Report has been released today, payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition... more

The post World Payments Report 2020: COVID-19 drives transformation appeared first on Payments Cards & Mobile.

A new piece of research has found that the value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion by 2025, up from $3 trillion... more

The post Europe leads instant payments evolution – $18 trillion predicted by 2025 appeared first on Payments Cards & Mobile.