Real-Time Bridges New Payment World Opportunities
The pressure is heating up for banks across the U.S. and Europe as new real-time payment schemes near go-lives. Global adoption of real-time is increasing and the use cases are evolving. Businesses and consumers are looking for the next fastest, efficient ways to conduct transactions and providers are presented with more opportunity to play to this as Open APIs, Request for Payment (RfP) and cross-border use cases emerge. A real-time payments environment bridges these opportunities and paves a pathway towards competitive success in the new world of payments.
Learn more about real-time consumer demand and market drivers in both the U.S. and Europe.View U.S. Infographic View Europe Infographic
Small Business Customers Want Real-time, too
Small to medium size enterprises (SMEs) make up 99% of all businesses worldwide and represent a $56.9 billion annual revenue opportunity for financial institutions, Barlow Research estimates1. ACI’s new real-time survey shows that 50% of SMEs globally would like their banking provider to offer more services that meet their unique needs.
1Based on two-year information collected on usage and size of loans, deposits and fees, Barlow Research, 2016