Instant payments – Really a real-time reality?

SL2_SH1 2018-10-23T09:00:00.000Z

roomCode
SL2_SH1
Room
SWIFT Hub 1
Date
-
Carlo Palmers
Head of Payments MIs
SWIFT
Carlo Palmers
Head of Payments MIs
SWIFT
Adrian Lovney
CEO
NPP Australia Limited
Petia Niederländer
Chairperson of EBAClearing
Erste Group Bank
Karen Birkel
Deputy Head of Division
European Central Bank

Several countries like the UK and Singapore have been offering instant payments (IP) domestically for a while now, Australia’s new payments platform is approaching one year live, SWIFT is preparing to go live with EBA Clearing’s RT-1 and Eurosystem's TIPS in Europe, and ever more countries are contemplating upgrading to instant payments capabilities. This session will explore how the “more mature IP” country’s banks have balanced customer demand with other banking requirements, what has been the Australian banks’ experience with instant payments and what lessons can be drawn by the European banks to position instant payments products and services in a domestic environment.

Stream