Real-Time Payments – wikipayresearch

PROFILE OF GIESECKE & DEVRIENT (DATA SECURITY, CONNECTIVITY)

$ Transfers and Digital Payments, 2023, 2024, ALL CONTENT, Consulting/Implementation, Giesecke & Devrient, Link, Real-Time Payments, Software, Vendor / WikiPay Research

A link to Giesecke & Devrient, a Munich-based company specializing in data security and connectivity.

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AS FEDNOW ROLLS OUT, THE US HAS MUCH TO LEARN FROM INDIA’S UPI

2023, ALL CONTENT, American Banker, Central Banks/Government, Fed Now, Link, Real-Time Payments, Unified Payments Interface (UPI) / WikiPay Research

A link to an article in American Banker describing challenges facing FedNow and valuable lessons that might be gained from India’s experience building real-time payment rails and UPI.

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EUROPEAN COMMISSION INTRODUCES PSD3/PSR TO ADVANCE OPEN BANKING

$ Transfers and Digital Payments, 2023, ALL CONTENT, Central Banks/Government, Link, Open Banking, Real-Time Payments, Tink, Visa / WikiPay Research

In this white paper, TINK (a Visa company) explains how PSD3/PSR is a welcome addition to the development of open banking in Europe. PSR should address standardization issues and past problems with APIs. The requirements should be passed before the summer of 2024 with enforcement happening by the end of 2025.

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PROJECT NEXUS: ENABLING INSTANT CROSSBORDER PAYMENTS (BAI)

$ Transfers and Digital Payments, 2023, ALL CONTENT, BAI, Central Banks/Government, PDF/DOC, Real-Time Payments / WikiPay Research

A BAI report on a joint project between Singapore, Malaysia and Europe to facilitate instant cross-border payments.

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