Non-cash transactions continue record global growth but cash still dominates
by Jack Large
World Payments Report 2017 from Capgemini and BNP Paribas reveals non-cash will grow at 20%/year in emerging markets
Urgent/Instant .Payments
Background
There are times when a local or cross-border payment just needs making today, now. This can be because a payment needs to be cleared and settled at a specific date and time, e.g. for a…
Read morePayments update: SEPA finally delivers, and Sweden is most cashless
by Jack Large
Revolution continues as subscription business model continues to expand, and multi-chanel payment services extend globally
SCT: PSPs ready to move up to 15,000€ from one a/c to another in max of 10 secs
by Jack Large
134 PSP from four countries (Austria, Estonia, Latvia and Spain) have announced they are ready; 600 from 10 countries expected be ready by 21 November
Will SWIFT’s real-time offering in US confuse or clarify?
by Jack Large
U.S. banks will have another option to connect to new TCH real-time payments system via SWIFT gateway
Can blockchain solve our payment problems?
by Bija Knowles
Is blockchain the perfect technology to provide instant, transparent, secure and traceable payments? Will it be better than instant payments initiatives? The answer is unclear as there are hurdles to overcome
Finance professionals: 24 hours to provide feedback on ACH security
by Bija Knowles
NACHA, the US e-payments association, is calling on finance professionals to provide feedback on additional security requirements to protect ACH-related data held by end-users
Is an integrated US Faster Payments System solution ever going to work?
by Kylene Casanova
US Federal Reserve publishes their Faster Payments Final Report - Call for Action, BUT “This report is a product of the task force and does not reflect the official views or positions of the Federal Reserve System”
EPC poll suggests C2B is best SCT Inst use-case
by Kylene Casanova
The European Payments Council (EPC) recently ran an online poll asking the public to choose what they think is the best use for the forthcoming SEPA Instant Credit Transfer scheme (SCT Inst)
What opportunities does EPC’s SEPA Instant Credit Transfer open up?
by Kylene Casanova
Why bother when SCT Inst goes operational in November 2017?
UK central bank opens up RTGS access to non-banks
by Kylene Casanova
The Bank of England allows RTGS access for non-banks, ushering in a wider range of payment services, plus increased competition and innovation in the provision of payments services
Payment system future: integrated retailer services, ‘free’ & channel-independence
by Kylene Casanova
How will these developments change your business model?
EU prepares for SEPA Instant Credit Transfer
by Kylene Casanova
With five countries expected to adhere to the Instant Credit Transfer scheme, as well as 600 payment service providers, SCT Inst is expected to take off dramatically in the coming years
Strange, but true: Checks/Cheques still matter everywhere
by Kylene Casanova
Declining in importance yes, but still vital
Payments: Future of cash, US API ecosystem, Arab regional system, PSD2 insurance
by Kylene Casanova
Payment systems are far too important to be just left to bankers and economists or technologists
PSD2 and SCT Inst will catalyse big shift in European payments
by Kylene Casanova
Instant Payments are set to overtake online card payments in Europe – and the date when Instant Payments become mainstream is much closer than you might think
Payments future: Combination of the new services and old solutions that never die
by Kylene Casanova
Real-time payment services complementing aging ACH services, cash & cheques
Revolution in payments business: new model will change the game and the rules
by Kylene Casanova
Corporate treasurers will need to assume that they receive/collect from all payment rails, the key choice will be which payment app they accept payments/collections from
4 factors key to the success of instant payments
by Kylene Casanova
A white paper by EBA Clearing discusses why these four factors – including wide usability and reach – are important for the success of the EU's forthcoming instant payments scheme
Three global payment growth areas: ACH, contactless debit and immediate payments
by Kylene Casanova
INTL FCStone Ltd’s Global Payments Division ACH programme, contactless debit card transactions and the astonishing growth of Faster Payments’s single immediate credit payment
European solutions improve as competition in immediate/high value payments grows?
by Kylene Casanova
Icon and ACI offer new solutions for banks, and EBA Clearing plans to revisit high value EURO1 offering
SWIFT to launch European instant payments message service by November 2018
by Kylene Casanova
As part of its global instant payments strategy, SWIFT has announced that it will launch an instant payments messaging service for Europe, to be available by November 2018
Cash management improvement opportunities world-wide with new payment services
by Kylene Casanova
Same day ACH debits, PSD2, Alipay, mobile payments slow growth, MasterCard B2B payments hub for SMEs, insights into B2B payments, EMV chip card penetration/region
New UK clearing bank for banks: Clear Bank® with single API to all clearings
by Kylene Casanova
A brand new clearing bank with no consumer customers that will break the big four monopoly and open up whole clearing in UK starts in 3Q 2017
When and how to use faster payments in USA
by Kylene Casanova
U.S. Bank list the key criteria for the four main solutions in the America today