Verification of Payee (VoP) is an additional mandatory layer of payments protection to avoid payments in error and to prevent fraud such as an Authorised Push Payment (APP). With the increased adoption…

The G20 roadmap seeks to enhance cross-border payments by tackling challenges around cost, speed, access, and transparency, prompting various industry initiatives. One such initiative is FMI interconnectivity, covered in the blog “Developments…

In 2020, the G20 launched its Roadmap for Enhancing Cross-Border Payments focussing on goals around speed, transparency, cost and access. Progress on this roadmap is leading to change across the cross-border payments…

As the EU Instant Payments Regulation (IPR) implementation deadlines loom (January 2025 for receiving and October 2025 for sending instant payments), Payment Service Providers (PSPs) are scrambling to get their instant payment…

With 2023 emerging as the year of choice for banks when it comes to adopting new strategies and technologies to take control of their payments processing capabilities, many now find themselves at…

Just over a year ago, my colleagues and I offered a few predictions about developments and trends in global payments and banking, intended to help financial institutions shape their strategy for the…

It has been two years since the European Payments Council published the SEPA Instant Credit Transfer (SCT Inst) scheme and EBA Clearing launched RT1 – their infrastructure solution for the processing SCT…