Global RTP Trends
Podcast |
Financial Futures
Publisher |
FIS
Media Type |
audio
Podknife tags |
Business, 
Fintech, 
Technology
Categories Via RSS |
Business, 
Investing, 
Technology
Publication Date |
Apr 08, 2021
Episode Duration |
00:32:21

Real time payments are not a recent innovation. Japan first introduced the world to instant payments in 1973, with the Zengin System. In comparison, the UK’s first real time payment system went live in 2008, while the EU launched theirs in 2017. Why are there such gaps in this global timeline? In this episode of Financial Futures, we explore the complexities and challenges of rolling out new payments schemes like RTP. 

 

Bernd Richter, Senior Vice President and Group Executive, Global Real Time Payments Network – Europe , highlights global leaders in real time payments and shares what we can learn from their successes and struggles. We'll also talk about:

●      How are real time payment systems being monetized? 

●      What impact does culture have on payment landscapes? 

●      How exactly does the regulatory environment affect innovation? 

●      Is global adoption of RTP possible?

Real time payments have come a long way since their inception in 1973. In this episode, Bernd Richter, Senior Vice President and Group Executive, Global Real Time Payments Network – Europe, explains what we can learn from RTP leaders in the EU, the UK, and beyond, and we'll look at what’s next for instant payments everywhere.

Real time payments are not a recent innovation. Japan first introduced the world to instant payments in 1973, with the Zengin System. In comparison, the UK’s first real time payment system went live in 2008, while the EU launched theirs in 2017. Why are there such gaps in this global timeline? In this episode of Financial Futures, we explore the complexities and challenges of rolling out new payments schemes like RTP. 

 

Bernd Richter, Senior Vice President and Group Executive, Global Real Time Payments Network – Europe , highlights global leaders in real time payments and shares what we can learn from their successes and struggles. We'll also talk about:

●      How are real time payment systems being monetized? 

●      What impact does culture have on payment landscapes? 

●      How exactly does the regulatory environment affect innovation? 

●      Is global adoption of RTP possible?

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