Blog: Bank systems need to change for the instant payments era
Our new white paper outlines the risks presented by instant payments – and what banks can do to manage these risks, and optimize the delivery of instant services to their customers. Foreign exchange (ForEx) costs via card networks can be expensive, and many banks currently have a sub-optimal understanding of how ForEx works, with low […]
As payments go global, banks must control risk
Instant payments will be the phenomenon of the next five years. Instant payments are set to account for one in three transactions world-wide by 2030. This White Paper investigates the risks banks face from instant payments, and why banks must control these risks to grow their business and deliver the instant services customers expect. […]
As instant payments go global, new risks emerge: banks must prepare
The rapid adoption of Instant Payments world-wide is predicting that one in three consumer payments will be instant by 2029. Instant Payments have become so popular they are now linked to a range of new payment types powered by Open Banking. In Europe and North America, Account-to-Account (A2A) payments have experienced strong growth through API […]
Why banks must prepare for an Instant future
Around the world, new Instant Payment schemes are taking over – both domestically and across borders. Instant payments (IP) have advantages for everyone. Consumers love the speed and convenience of being able to pay right away and seeing transactions complete within seconds, rather than hours or days. Meanwhile, 2019 research from Deloitte shows how […]
As demand for integrated payments rises, acquirers, ISOs and PayFacs should reconsider their ISV strategy
As demand for integrated payments rises, acquirers, ISOs and PayFacs should reconsider their ISV strategy Beginning in the United States and spreading worldwide, the capacity to enable a multiplicity of payment forms in-store, online or by app is big business. With integrated software vendors (ISVs) rapidly disrupting the traditional merchant-acquirer relationship, Kolja Reiss, General […]
Blog: Integrated payments are big business – and acquirers need to respond
Acquirers, independent sales organizations and payment facilitators need to rethink their growth strategies in response to the recent enormous growth in integrated payments. Integrated payments means the capacity to enable a multiplicity of payment forms in-store, online or by app. Today’s merchants want their payment partner to handle all kinds of physical and digital […]
Blog: Next-gen acquiring: why soft POS beats hardware
According to a new white paper from RS2, soft POS solutions installed on mobile phones, tablets and bespoke devices are more flexible and powerful than traditional POS hardware devices – as well as being cheaper to use and delivering what consumers want from the in-store payments experience. For these reasons, RS2 see them as the […]
Next-generation acquiring: why SoftPOS solutions are taking over
Why soft POS is taking over global acquiring It’s widely understood that growing digitalization and changing consumerbehaviour have accelerated the decline of cash around the world: however, the secondary effects of this trend are less well appreciated, including the high number of merchants now looking to adopt electronicpayments for the first time. According to research by Payments Cards & Mobile, the number […]
The race to scale payments and how RS2 payment solutions can support that growth
The race to scale payments and how RS2 payment solutions can support that growth The Payment industry is a fast growing and dynamic industry and remains one of the brightest spots in the financial services industry. Payments growth is increasing exponentially, and is predicted to reach $146bn* globally by 2026, with a CAGR of 13.3%. […]