Kris Kubiena, proposition delivery director at Vocalink talks about the payments infrastructure review in Australia and the global march of immediate payments.
Having seen VocaLink and Accenture deliver FPS to one UK bank, I'm sure they'll do a great job for many others, including in Australia.
Related to Kris K's comments about realtime bill payments, we're seeing a lot of traction in many geographies around this topic. The widespread use of QR codes in effect permits 1-click bill payments from a smartphone. In fact, frustrated at eBill penetration plateauing at less than 25% globally, many billers are eyeing immediate bill pay as a way to take eBill adoption to the next level.
© Finextra Research 2013