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Instant Payments Regulation: Many answers, many questions…

Instant Payments Regulation: Many answers, many questions…

by Christopher Kumb, Maurice Rabba, Marius Wiehr | Mar 22, 2024 | Instant Payments (IP)

Following the EU Council’s approval of the Instant Payments (IP) Regulation in mid-February, its publication in the Official Journal of the EU was merely considered a “formality”. For the banks affected by the legislation, this date could have been a...
Instant payments or the 24-hour race for customers’ favour

Instant payments or the 24-hour race for customers’ favour

by Fabian Clausen | Jan 9, 2024 | Finance, Instant Payments (IP), Payments, Request to Pay

We learnt to look over our shoulders in driving school, and it accompanies us throughout our lives on the road. If you want to switch to the fast lane, you should take a quick look back to judge your surroundings better. This scene in mind takes us right into the...
Implementation periods for instant payments shorter than expected

Implementation periods for instant payments shorter than expected

by Marius Wiehr, Maurice Rabba, Christopher Kumb | Nov 20, 2023 | Instant Payments (IP)

The trialogue seems to be over, and the EU Parliament was able to agree on a uniform approach with the EU member states. This step has been eagerly awaited by all affected market participants in recent months. But what happens next in this regard, when will instant...
Are the challenges faced by banks as a result of the mandatory introduction of Instant Payments greater than expected?

Are the challenges faced by banks as a result of the mandatory introduction of Instant Payments greater than expected?

by Maurice Rabba | Sep 1, 2023 | Instant Payments (IP)

IT DEPENDS ON WHAT IT TAKES. Since October 2022 at the latest, it has been clear that the obligation for banks to offer Instant Payments is coming! The EU Commission has made this clear with its draft legislation. Since that time, there has been a significant amount...
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