Exploring the Real-Time Payments Revolution: Motivations and Future Prospects
Making real-time payments a worldwide standard has been challenging. Achieving global adoption requires substantial effort, with standardization being a crucial factor. Additionally, ensuring a seamless and secure customer experience is essential. Banks must contribute by developing appropriate APIs, while markets and regulators also play vital roles. With numerous stakeholders involved, there's a significant need to demonstrate effectiveness. After approximately five years of advancements, adoption is still spotty, and some countries are backtracking on the timing of 'real-time payments.' Join this session to understand where we are actually in the real-time payments journey.
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