There’s been quite a bit of confusion around the relationship between the FedNow Service and CBDCs — we’re here to clear the air.

While compliance remains a driving factor in the ISO 20022 transformation, it's crucial for financial institutions to recognize and capitalize on the vast business opportunities it offers.

The service delivers instantaneous fund transfers and operates beyond regular banking hours, defying the lags traditionally associated with such transactions.

In recent years, digital transformation has become both one of the biggest challenges and opportunities for financial institutions across Europe.

While instant payments growth in the Middle East appears to be a net positive for consumers, it also poses considerable challenges to regional banks and FI's.

But while the window of early adoption may be closing, there are plenty of actions that institutions can take right now to prepare for the launch.

How embedded preprocessing and smart routing can benefit your payments modernization journey.

The banking industry is undergoing a massive transformation in the payments space, yet the challenges that banks face remain consistent.

Over the past decade, banks in the Middle East have become increasingly focused on digital transformation. Taking a payments-first approach is almost certainly the fastest, most efficient way to realize a full spectrum of benefits.

Product portfolio diversification should be understood as a critical component of any financial institution’s broader modernization strategy.

As the need for faster, more transparent cross-border payment solutions increases across the international financial-services sector, banks and financial institutions in the Middle East and Africa (MEA) continue to shift their focus and resources toward payments modernisation.

We look at the current state of instant payments in Spain and the broader Iberian Peninsula, in addition to highlighting some unique opportunities for banks throughout the region to emerge at the forefront of innovation.