As another instant payment regulation deadline approaches in Europe, the right strategy and smart use of data can transform compliance challenges into opportunities. In our blog, we unpack this - the challenges that lie ahead and how to navigate these, stay compliant and leverage data to create better customer experiences. 🔍 What's Changing? The EU Instant Payment Regulation (IPR) mandates that all banks and PSPs in the Eurozone must process transactions within 10 seconds, 24/7, 365 days a year by October 9, 2025. 💡 What's Challenging? As instant payments grow, real-time fraud management and liquidity control in an always on world become vital, as does aligning with global standards. 🌟 The Opportunity in Front of Us Outsmarting fraud with data, real-time liquidity control, and elevating customer journeys with personalized experiences. As Anna Shtanko, Vice President of Product Management, Real-Time Payments, Mastercard, puts it, “Success isn’t about focusing on a single payment type - it’s about creating experiences that reflect the diverse needs of consumers, powered by real-time data”. Ready to stay ahead and not just catch up? Dive into our blog and discover how to turn today's challenges into tomorrow's wins. https://lnkd.in/eTvR3pR7
Owner and CEO | Master of Computer Applications (MCA)
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