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Pratiksha Pathak

Head of Payments Services
RedCompass Labs
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Latest opinions

Pratiksha Pathak

ISO20022: The big shift to structured addresses

The global financial system is changing. Soon, ISO 20022, a messaging standard designed to improve how payments are processed and communicated, will become the global norm. ISO 20022 was introduced in 2004 and has since been part of a long and complex journey to improve international payment messaging. A critical shift will happen this year on 22...

27 June 2025

Pratiksha Pathak

Will Europe's Love for Cash Survive Instant Payments?

When was the last time you paid with cash? If you’re in London, you might struggle to remember. But in parts of Europe, cash is still king—at least for now. Just before Christmas, I was delighted to unwrap an early gift from an unlikely source: the European Central Bank. They had just released a fascinating study about how Europeans pay for things...

27 February 2025 The future of Payments in Europe

Pratiksha writes about

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  • payments
  • people

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Director of FIU at RedCompass Labs

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