The financial world is hurtling towards instant gratification. Hofstadter's Law seems particularly apt when discussing the breakneck pace of implementing faster payment systems. Recently, India's Securities...

The financial landscape has changed drastically in our fast-paced digital age. We are no longer constrained by physical currencies or unwieldy checkbooks. The age...

The Baltic States—Estonia, Latvia, and Lithuania—are appealing to numerous Payment Initiation Service (PIS) providers because they serve as an entry point to the entire...

The European Union Council has adopted new rules for instant payments using the euro to empower fintech companies in Europe and challenge the dominance of...

A plethora of technological advancements and geopolitical events repeatedly upend the banking industry. 2023 was no exception, marked by highly publicised bank failures, rising...

Software as a service (SaaS) is a significant part of the global software market, making up one-third of it, and is making an impact...

EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money.  The key requirement is verification of...

Earlier this month, members of the European Parliament (MEPs) voted to adopt a new set of rules that will ensure transferred funds arrive immediately...

Financial technology has come a long way in a short time, with the industry rapidly evolving by utilizing advanced technology such as Artificial Intelligence...

1. Introduction It is no secret to many scholars and stakeholders in the banking industry that technology is quickly reshaping the sector. Indeed, technological advances...

Instant payments allow users to transfer funds in a matter of seconds. The convenience and transparency that this allows businesses to provide has led...

Like everything else in our world, payment transactions are rapidly shifting towards digitalization. Could we have imagined a decade ago that we would be...