Profile

Location

Naples

Member since

2006

Daniele Astarita

Principal Solution Consultant at ACI Worldwide

Message Posts: 0 Comments: 7

Bio South Europe consultant for Payments, Frauds, Mobile, Trade Finance and Cash Management.

Daniele is Commenting on

European savings banks ask: "What is the business case for a digital euro?"

I believe having commercial banks distributing/intermediating CBDC has been acknowledged as the right model for the digital Euro. On the case for issuing CBDC, there are several reasons for doing that , and among those it's worth remembering there is a decreasing amount of cash in circulation already in several Countries, with negative impacts on real economies.

05 Apr 2023 Reply Read article

EBA Clearing, Swift and TCH test instant cross-border payments

The test is definitely interesting, as it builds on top of existing strenghts of the three involved parties, and represent an answer of trusted ecosystems to the competition of Fintechs. However the liquidity settlement "matter" would possibly deserve additional evaluation of different technologies too.

12 Oct 2021 Reply Read article

Instant Payments - Hot or Not?

Thanks Ralph very clear and realistic picture. One thought I would add is about the end-users perspective, either consumers or businesses; the risk financial institutions would bring - in order to make money available to the payee before settlement occurs - might be considered somehow transparent to end users, and as a consequence they could easily embrace - as you say - a "quicker to market" non SEPA-based solution, increasing the risk of a fragmented market and partially incompatible real-time payment ecosystem. The right balancing of EU project schedule, and a bit more inclusion of Instant Payment CSMs models (i.e. which settlement risk is applicable/acceptable ?) in the schema design would possibly help the adoption process here ?

18 Jan 2016 Reply Read article

Dutch banks set 2019 target for instant payments

National plans are very much welcome to avoid fragmented initiatives which leaves stakeholders with uncertainty. More aggressive timeframes would certainly be feasible though, even considering that the legislation framework needs maybe more time to be agreed than the technological one. By the way... Anyone up for an immediate settlement mechanism or bank-to-bank distributed ledgers?

04 Jun 2015 Reply Read article