The definitive source of global instant payments intelligence

Insights - Articles

Articles

SCT Inst migration of the German market

After the launch of SCT Inst five months ago, now is a good time to take a closer at the migration status of Germany, one of the largest payment communities, says Accenture’s Britta Kotthaus-Krahmer, Principal Director, FS.

Articles

ECB on TIPS: Carving out the future of payments

We’ve entered a new era for payments, says Mehdi Manaa, Deputy DG, Market Infrastructure & Payments, European Central Bank (ECB), as he reviews the imminent TIPS (TARGET Instant Payments Settlement) platform and rise of instant payments & SCT Inst in Europe.

Articles

German instant payments & SCT Inst adoption

The biggest market for SCT Inst payments, Germany, isn’t leading the adoption path, says Leo Lipis, an InstaPay Board member due to the lack of a domestic CSM; non-migration of Deutsche & Commerzbank; plus its savings banks not moving until July.

Articles

SCT Inst & Belgium: An ING instant payments overview

Begoña Blanco Sánchez, Head of Payments, ING Belgium, looks at the country’s readiness for Europe’s SCT Inst including its 85% reachability target, STET CSM decision & local variations.

Articles

Instant payments: Taking the reins

An important part of the digital transformation underway at banks and corporates is the move towards real-time payments and operations, says Citi’s Alberto Casas. Benefits include faster reconciliation, working capital & transaction data.

Articles

The language barrier: Payments babel fish & ISO 20022

Breaking down the language barriers between payment messages to develop fully interoperable payments systems is no small undertaking and requires ISO20022, says Mike Banyard, Head of Development at the UK Faster Payments Scheme Limited (FPS).

Articles

ISO20022: One standard size doesn’t fit all

ISO 20022, the global industry standard for financial messaging, has still only made small inroads into the world of payment transactions in the US and elsewhere, says Carl Slabicki, Line Manager for Immediate Payments, BNY Mellon.

Articles

Teaching my son about banks, payments & fraud

Gene Neyer, member of the InstaPay Advisory Board, recently tried to use the example of Zelle users in the US to educate his son on the techniques of scammers, but it ended up being an education for Gene instead. 

Articles

Instant payments: The Brazilian landscape

Alan Mareines, a junior partner at the IPMF Global consultancy that specialises in standards, provides an overview of Brazil’s SPB payment system and the challenges of bringing it into the 21st century.

Articles

Canada’s real-time payment rail (RTR)

Jan Pilbauer, Executive Director of Modernization & CIO, Payments Canada, outlines the country’s plans for an instant payment system that is on trend to begin by the end of 2019.