Paige McNamee - Community Author: Finextra Research

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15 Results from /payments, "Paige McNamee"

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Apples and oranges: What makes Pay.UK and EBA Clearing’s R2P models so different?

Is there more than one way to skin a cat? A peek under the hood of Pay.UK’s and EBA Clearing’s respective Request-to-Pay models shows that indeed there is. Request to Pay has widely been touted as the missing piece of the instant payment puzzle. At its core, Request to Pay is the idea of pushing transaction details from a payee to a payer’s device ...

10 July 2020 /payments

Request to Pay: What does it mean for instant payments?

Paige McNamee

Request to Pay: What does it mean for instant payments?

The introduction of Request to Pay (R2P) services this year is poised to play a starring role in the broader transformation of the UK and EU’s payments landscape. Reduction of costs, fraud and chargebacks alongside the delivery of better transaction data are the obvious improvements, yet, it is the potential that R2P holds to act as a catalyst for ...

26 March 2020 /payments

A short guide to the ISO 20022 implementation: 2020 update

Paige McNamee

A short guide to the ISO 20022 implementation: 2020 update

As financial institutions recognise the scale of the impending ISO 20022 migration deadline, implementation strategies are being re-calibrated to incorporate risks, challenges and opportunities of the industry-wide transformation. Key dates: November 2021 ISO 20022 messages to go live on Swift.Between 2021 and 2025 a four year ‘coexistence period’...

26 February 2020 /payments

Long reads

Apples and oranges: What makes Pay.UK and EBA Clearing’s R2P models so different?

Request to Pay: What does it mean for instant payments?

A short guide to the ISO 20022 implementation: 2020 update