Real time payments and cross -border innovations

In real-time payments, the financial landscape continues to be upgraded, which is powered by infrastructure upgrades and cross-border cooperation. From North and Latin America to Europe and beyond, banks and fintechs accelerate the efforts to enable faster and accessible payment experiences.

North American payments

In the United States, the Lakeside Bank in Chicago modernizes its business by taking a PAAS platform (Payments AS-A-Service) from Volante Technologies. The move enables the bank of 2.64 billion US^® Network and Fednow^® Service. This not only accelerates the transaction speed, but also improves cash management and reduces the risk of billing – the most important priorities for business customers in today's competitive environment.

Real time payments in Europe

Europe sees its own real -time boost. Viva.com, a tech-forward business, has expanded the Mastercard parade to 24 European markets, including the United Kingdom. This expansion increases the cross -border fund broadcasts and meets the growing need for seamless, almost instant business transactions across borders.

In the meantime, southern Europe laid the basis for a more uniform payments experience. As part of the European Payments Alliance (Europe), Italy's Bancomat, Spain Bizum and Portugal MB Way Way-to-Peer payments (P2P) enable borders across the familiar mobile apps and telephone numbers of the users. With more than 50 million users and 186 financial institutions, the initiative is a player for regional integration and international convenience.

Latin American updates

Latin America is also innovative. The Brazil's central bank will introduce Pix Parcelado in September-a purchase function (BNPL) for the PIX-Egg-time system. While consumers pay in installments, retailers immediately receive funds. The feature promotes financial integration, especially for deceived population groups that have no access to conventional loans.

From faster domestic transactions to limitless P2P payments, these initiatives mark a relocation to a real-time world in which immediacy, convenience and financial access are the new standard. Discover the latest developments that shape the landscape in this issue of the real-time payment world map.

Via the real -time payment card

The “Real time payments world map“A collaboration with The clearing houseExamine the latest developments that fuel the rapid expansion of immediate transactions worldwide.