Immediate payments: How fast?

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Joanna Wright, VP Emea, Fundtech, explains the meaning of immediate payments, the speed required, which model works best and how banks should implement these techologies.

Related Company

Fundtech

Channels

/regulation & compliance /retail banking /payments /wholesale banking

Keywords

cards ebaday mobile & online banking transaction banking
 

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Lars Aase

Lars Aase Consultant at CAPSAB

The best and most user friendly, secure and cost effective system for person-to-person money transfer on the market is Swish in Sweden .

  • Very easy to use
  • Money in seconds incl push notifications and 24/7
  • Secure (using the super auth solution mobile bankID)
  • Low cost (approx €0,10 per transfer)
  • Soon available for p2b transfers
  • ..and very nice customer adoption!

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