10 SEPA Instant Payments Scheme Benefits by the EPC

The European Payments Council unveiled a pretty cool infographic today highlighting the “Top 10 Benefits of the SEPA Instant Credit Transfer scheme”. Below is the SEPA Instant Payments infographic, but i wanted to quickly summarise the key benefits: Payments completed in less than 10 seconds SEPA Instant Payments available 24-7-365 Maximum value of €15,000, to ...

12 Payments Trends from Payments UK Worth Reading 1

Over the weekend i was reading the Payments UK World Class Payments report highlighting payments trends that are shaping how consumers around the world make payments. The report focuses on different payment methods in the UK and provides some interesting statistical comparisons with payment systems and payment processes around the world. The report puts the ...

5 Cool Payment Infographics Worth Checking Out…

Ok, so in this post I want to return to the topic of payments, in particular Payment Infographics. I was on the look out for Payment Infographics that highlight the dominant industry trends and it didn’t take long before I came across some informative and insightful illustrations. The following 5 payment infographics for me nicely highlight the key ...

Global Real Time Payments Systems 3

I have been on a bit of a real time payments mission recently, with posts on Immediate Payments and Instant Payments in Europe. About a month ago this got me thinking, what are the Real Time Payments Systems around the World – and from the feedback you sent me this was also something on your ...

7 Reasons Why Your XML Payments Are Failing… 1

During the SEPA implementation, there was a common objective to develop and deliver the required SEPA XML payments format. Having gone through the PAIN (see what I did there?!) many corporates are now looking to utilise the ISO20022 format for other (non-European) payment processes that they may be running. After all it makes sense to get rid ...

Real Time Payments Systems Around the World 6

Real time payments continue to hit the headlines. Just last week at the SWIFT Business Forum in New York Chris Church emphasised the continued demand from both businesses and consumers for real time payments. I have also been posting on the European journey in Immediate Payments not available anytime soon and Instant Payments in Europe. There ...

SWIFT Nordics Conference 2015 – Summary

For those of us unable to attend, Finextra has provided in their Live Blog Day 1 and Live Blog Day 2 an excellent insight into the SWIFT Nordics Conference. As I read through the blog posts I thought it would be useful to summarise key quotes and items of discussion from the two day SWIFT conference in ...

Instant Payments in Europe 6

Mark my words, Instant Payments or Real Time Payments will be hot in 2015! Globally there are various Instant or Faster Payments initiatives already in place, and many more being considered – but what is the European / SEPA take on Instant Payments? With the SEPA region in mind, what are Instant Payments, what is the Instant Payments ...