Tag : real-time payment systems

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Integrating AML Surveillance with Real-Time Payment Systems at Scale

Fintech Staff Writer
by Fintech Staff Writer0
As global financial systems continue to evolve toward real-time payments (RTP) and instant settlement infrastructures, the pressure on financial institutions to maintain robust Anti-Money Laundering (AML) surveillance grows exponentially. The very speed and scale of real-time payments—which enable transactions to be executed within seconds—pose a significant challenge to conventional AML......
Real-Time Payments Now as Popular as Cash in Southeast Asia as Pandemic Accelerates Digitization of Payments, New ACI Worldwide Research Reveals
Digital Payments Fintech News

Real-Time Payments Now as Popular as Cash in Southeast Asia as Pandemic Accelerates Digitization of Payments, New ACI Worldwide Research Reveals

Fintech News Desk
by Fintech News Desk0
Three in five (61%) consumers in Southeast Asia select real-time payments – such as DuitNow (Malaysia), PayNow (Singapore) and PromptPay (Thailand) – as a preferred way to pay in 2021, equal to cash (61%) Strong consumer demand for real-time payments demonstrates urgent need for payments modernization across Southeast Asia and heralds......
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