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Instant payments in Europe: Are you ready for new regulations?
With only one in ten Euro credit transfers being processed as an instant payment, the European Commission has told the industry that enough is enough. It is forcing the transition from a ‘nice-to-have’ to a ‘must-have’; from a directive to a regulation.
The case for instant payments is strong with opportunities for monetizing value-added services now being realized. Finastra Payments To Go is the single solution for all your instant payment needs. Providing connectivity for both RT1 and TIPS, as a managed service in the cloud that allows banks to join the next stage of innovation, quickly and at a low cost.
