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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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