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Abhi Desai

Abhi Desai Director at Pelican

Navigating Compliance and Efficiency in SEPA Instant Payments: A Guide for Financial Institutions

Introduction The digital payments landscape in Europe has undergone a major transformation with the introduction of SEPA Instant Payments (SCT Inst). This real-time payment scheme, introduced by the European Payments Council (EPC), allows for instant euro transfers across SEPA member states within seconds, 24/7, 365 days a year. While this innovat...

/ai /payments Banking

Abhi Desai

Abhi Desai Director at Pelican

AI-powered Name Screening for Instant Payments

nstant payments, also known as real-time payments (RTP), have emerged as a transformative force in the financial landscape, enabling the immediate transfer of funds between individuals and businesses. This shift away from traditional payment methods, which can take days to settle, has revolutionized the way people and organizations interact financ...

/payments /crime Banking

Abhi Desai

Abhi Desai Director at Pelican

Global Payments: A Journey Towards Convenience, Efficiency, and Transparency

Blog - Global Payments: A Journey Towards Convenience, Efficiency, and Transparency London, 9th November 2023 In today's interconnected world, cross-border payments are an essential part of global trade and commerce. However, traditional methods of sending money internationally have often been characterized by high fees, slow processing times, a

/payments /cloud Banking

Abhi Desai

Abhi Desai Director at Pelican

The promise and possibilities of Open Banking

The open banking ecosystem is thriving. It is poised to dramatically transform how banks and their customers engage and operate, at a scale and pace not seen by a banking industry, best known for its innate inertia for change. Unsurprisingly, this transformation, to provide payment initiation services and share account data with authorised third-p...

/payments /retail Open Banking

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