Tag: Instant Payments

After highlighting the ongoing challenges in cross-border payments, the European Central Bank (ECB) is taking steps to link its instant ...

Peru plans to implement a real-time digital payments system based on India’s UPI sometime next year. Notably, Peru chose not ...

As payment innovation accelerates, financial institutions are feeling the pressure. Legacy infrastructure, shifting regulation, and rising customer demand for real-time ...

As U.S. real-time payments adoption accelerates, the RTP network set a new daily record on October 3, processing 1,808,967 transactions ...

Colombia’s new instant payment system, Bre-B, is now live—modeled closely on Brazil’s highly successful Pix and developed in part by ...

The National Payments Corporation of India (NPCI) handles almost half of the world's digital transactions, primarily through its Unified Payments ...

Stripe’s network of businesses will be able to offer their customers in Brazil the option to make Pix payments in ...

The Federal Reserve has transitioned its Fedwire Funds Service to the ISO 20022 messaging standard, making the new protocol mandatory ...

Venmo entered the mainstream sphere in 2015. At the time, there was genuine doubt that consumers would adopt a digital ...

To further foster innovation within the UK’s strong open banking ecosystem, Mastercard has developed a sandbox where financial institutions can ...