Cards & Payments

The move toward faster settlement is changing how market participants manage the period between trade execution and final settlement. For World Finance Informs, the development points to a broader operational shift across securities markets: activities that once had more...

Britain's largest banks have completed live interbank transactions using tokenised deposits, marking the first time commercial-bank money has moved between separate financial institutions through shared blockchain-based infrastructure. The milestone emerged from the Great British Tokenised Deposit project, a collaborative...

Across the global payments landscape, instant payments and card payments are increasingly developing through different transaction patterns rather than following a single path of substitution. For World Finance Informs, the distinction is becoming more relevant as digital payment use...

Instant payment systems have often been built around rapid settlement and low-cost access, but the economics of supporting these rails are bringing merchant pricing into sharper focus. For World Finance Informs, merchant fees provide a useful lens for examining...

As digital payments become faster and increasingly available around the clock, the timing of fraud and error controls is changing across the global payments industry. For World Finance Informs, the significance of verification of payee lies in its movement...

The digital euro is moving from a central-bank research project toward a more defined phase of technical preparation, market participation and regulatory development. The Eurosystem completed its initial investigation phase in 2023 and moved into a preparation phase later...

Bank accounts are increasingly becoming accessible through digital services outside the traditional banking application. Open banking has enabled customers to give authorised third parties access to account information and, increasingly, initiate payments directly from those accounts. Combined with faster...