Displaying 1 - 10 of 68 Immediate Payments blog posts

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  European Banks Have the Right Tools to Stay Ahead – But Will Big Tech Overtake?

  Monday, July 15, 2019 Dean Wallace to Immediate Payments

  Open banking and immediate payments have come a long way, according to the panellists who joined me during the ‘Open Banking in an Instant World’ session at EBAday in Stockholm recently. The building blocks are now falling into place through the introduction of national and regional schemes, open banking initiatives, regulations such as PSD2 and the acceptance and use of APIs.

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  How UPI is Driving India’s Shift from Cash to Digital Payments

  Wednesday, July 03, 2019 Somya Patnaik to Immediate Payments, Payments and Industry Trends

  The Indian economy has traditionally been heavily dominated by cash, while experiencing low adoption of various online payment systems including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and inter-bank mobile payments. The dominance of cash is evidenced by the ratio of cash withdrawals at ATMs vs debit card usage at Point of Sale (POS)—ATM transaction volume is more than 2x greater than POS.

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  Regulating for Real-Time: The Role of Government in Payments Modernization

  Monday, May 20, 2019 Craig Ramsey to Retail Payments, Immediate Payments

  Dr. Leo Lipis and Craig Ramsey, Head of Real-Time Payments for ACI Worldwide, continue their discussion on real-time payments and the findings of the new white paper, Get More from Real-Time. 

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  Issuing and Acquiring in a Real-Time and Open Payments Ecosystem – The Global Picture

  Monday, May 13, 2019 Craig Ramsey to Retail Payments, Immediate Payments

  Dr Leo Lipis and Craig Ramsey, Head of Real-Time Payments for ACI Worldwide, continue their discussion on real-time payments, stemming from the findings of the new white paper, Get More from Real-Time. See part one.

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  Get More From Real-Time Payments – Where and How Banks are Growing Revenues

  Monday, April 15, 2019 Rachael Tomaney to Immediate Payments

  In the wake of the release of the new white paper, Get More from Real-Time Payments, we talk to its author – Dr. Leo Lipis – and ACI’s own Head of Real-Time Payments, Craig Ramsey.

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  SWIFT gpi: Leveraging Cross-Border Payments for the Real-Time World

  Wednesday, April 03, 2019 Craig Ramsey to Immediate Payments, Transaction Banking

  SWIFT gpi represents the evolution of business done over the SWIFT network, bringing correspondent banking into the digital era.

  I’ve covered this topic before, but with gpi now reaching the two-year milestone, it’s a good chance to reassess the progress that has been made – and what is needed to drive further adoption.

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  The Race to Real-Time Payments in Europe

  Tuesday, March 26, 2019 Craig Ramsey to Immediate Payments

  Instant payments have quickly morphed into the new norm, and as individual European nations forge a real-time, digital-first payments environment, they raise the bar for all financial institutions conducting business in the Eurozone. It’s no longer a question of “what’s the business case?” but a matter of how instant payments players can take advantage of the opportunities now being created.

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  Local Perspectives: Real-Time Realities Across Asia-Pacific in 2019

  Monday, March 18, 2019 Rachel Hunt to Immediate Payments, Payments and Industry Trends

  Money20/20 Asia returns to Singapore this week, attracting payments professionals from around the vast APAC region – and beyond. The real-time and open imperative is one of the reasons why all eyes are on Asia-Pacific when it comes to payments, so I caught up with ACI payments experts representing three of the key countries within the region, to take the pulse of real-time schemes that are in varying stages of maturity.

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  What it Means for a Bank to be Real-Time Ready – It’s More Than Just Payments

  Tuesday, March 12, 2019 Lu Zurawski to Immediate Payments

  Banks are quickly learning that real-time enablement of the business is more than just a technological upgrade – there is a wider challenge of transforming services and customer experience. Although the banking world faces this challenge with some trepidation, there are success stories from other industries that have overcome legacy technologies and transformed frustrating and opaque customer experiences.

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  Instant and Open Payments for Consumer Purchases – Lessons Learned From India and Beyond

  Tuesday, March 12, 2019 Dean Wallace to Immediate Payments

  Did you know that 65% of merchants want to accept instant payments? That’s because they know the customer experience (CX) benefits will drive growth for their business, and they recognize that this payment type will save their business money.