Embracing Diversity When Working Across Cultures
How to Unlock the Potential for Instant Payments?
A Real-Time Payments Retrospective
No Time To Waste Ahead of U.K.’s New Payments Architecture Launch
Real-Time Payments Are Reshaping Economies Around the World
The title of our yearly report exploring the growth and impact of real-time payments – Prime Time for Real-Time – is more apt than ever.
Real-Time in Real Life: The State of Real-Time Payments in the U.S.
A wave of digital change affecting both real-time payments and consumer behavior has swept across the world since the onset of the pandemic, but this wave was well underway before COVID-19 hit.
Driving Asia’s Real-Time Payments Boom
There is no doubt, COVID has led to a profound shift in Asia’s payments landscape, transforming long-accepted payment behaviours, almost overnight. As social distancing became a basic part of life, contactless payments, and their real-time nature, provided a simple and immediate solution for the multiple payment issues faced by consumers.
What Does the Future Digital Payments Ecosystem Look Like?
Across the world, markets are gearing up to change the way they pay. Convenience and speed are key and a huge benefit to customers. To enable the real-time movement of money and support the on-demand economy, there is a need for payments system modernization and this need for real-time modernization is increasing from all corners.
How is the World of Payments Changing and How Can EU Rules and Regulations Respond to These Changes? Insights from Commissioner McGuinness’ Speech
On the 16th of November 2021, Ms. Mairead McGuinness, Commissioner for Financial Services, Financial Stability and Capital Markets Union, gave a speech in Brussels covering the changes taking place in the world of payments, how these might develop and how EU rules and regulations could respond to such changes.
A Year of PIX in Brazil: What Does the Future of Real-Time Fraud Look Like?
In October 2020, the Central Bank of Brazil introduced PIX, a real-time payments system offering speed and ease of use. PIX was introduced to bring interoperable QR codes to digital wallets 24/7/365, meaning that person-to-person (P2P) payments can be made conveniently and instantly, and that merchants can accept payments without incurring extra acquiring charges. This has been transformational for payments in Brazil.
Prime Time for Real-Time
Global Payment Trends
As the world adopts real-time payments, how does your market stand to benefit?
ISO 20022 for Europe: How to Speak the New Language of High-Value and Real-Time Payments
The implementation of the ISO 20022 data standard for financial messaging has been accepted by major central banks, payment schemes around the world and system operators including SWIFT.
Why Real-Time Payments and Why Now?
As evidenced by ACI’s most recent Prime Time for Real-Timeglobal payments report, the real-time payments revolution has taken hold around the world. Consider, in just the past year and a half: India’s UPI set a record for monthly transactions with more than 3.5 billion in August 2021 The U.S.
The U.S. Connected Economy: Making the Case for Real-Time Payments
In today’s “always on” world, consumers expect instant gratification in all areas of an increasingly connected economy. Consumer payments are no exception. Whether it’s making a banking transaction, paying a bill, shopping or dining out, consumers want assurance that the transaction is complete.
Southeast Asia: Primed for Real-Time Payments to Enter the Mainstream
There has been an exponential increase in demand for digital services across Southeast Asia (SEA), with the COVID-19 pandemic changing the way we live, work and shop.
The Increasing Digitalization of B2B Payments
Craig Ramsey has his finger on the pulse of how new payment types are transforming the business of banking. Recently, I recently spoke to Craig, ACI’s head of real-time payments – banking, to get his insights on how these trends will impact B2B payments specifically.
Accelerating Payments Modernization for High- and Low-Value Payments
From government initiatives to the global pandemic, the demands for modernization have accelerated rapidly in 2021. Financial institutions (FIs) around the world are faced with the challenge of quickly meeting these immediate demands while also preparing for the future.