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Form3 brings instant payments to IBM Cloud for Financial Services
Blog· 5min October 9, 2025
Instant payments are rapidly becoming the standard in financial services, driven by customer demand for speed, security, and continuous availability.
The adoption of ISO 20022 as the global payments messaging standard, together with the expansion of schemes such as SEPA Instant in Europe and services like the Real-Time Payments Network and the Federal Reserve’s FedNow in the United States, is accelerating the pace of change across the payments industry.
Recognizing this, Form3, a cloud native payment technology firm, has embarked on a journey with IBM Cloud for Financial Services – an industry-specific platform that aims to help reduce risk throughout the industry by helping financial institutions address their resiliency, performance, security and regulatory compliance obligations.
Form3’s cloud native instant payments technology on IBM Cloud for Financial Services will enable financial institutions to modernize their payments systems, improve resilience and performance, and deliver exceptional customer experiences through reliable, always-on digital transactions.
With its advanced multi-cloud architecture, which is unique in the market, Form3 removes the concentration risk associated with single cloud providers, ensuring continuous availability. In addition, Form3’s technology processes up to 1,500 transactions per second, giving banks and financial institutions the confidence to scale securely and reliably.
Form3’s multi-scheme payment simulator, soon to be available on IBM Cloud, provides a full functional testing environment to help inform payment modernization programs. Such a full-fidelity scheme simulator enables successful launch of production payment systems.
Supported by a growing ecosystem of technology partners and fintechs, IBM’s industry-specific platform is designed to accelerate financial institutions' digital transformations with a focus on trust and security at the forefront.
Rajiv Bala, VP Global Sales at Form3, said: "We are excited to work with IBM Cloud for Financial Services on our mission to pave the way for the next generation of instant payments. Together with IBM, we are helping to build the foundation for more accessible, secure, and resilient payment solutions that will continue to evolve with the needs of financial institutions worldwide, including in the US.
This collaboration strengthens our shared commitment to driving the future of payments, helping banks modernize faster and deliver ever-better experiences for their customers.”
About Form3
Form3 is a world-class cloud platform for account-to-account payments. Founded in 2016, Form3 set out to revolutionise the world of payment processing and disrupt the traditional payment infrastructure model, with an always on, cloud-native, Payments-as-a-Service platform.
Today, Form3 is trusted by some of the UK and Europe’s biggest Tier1 banks and fastest-growing fintechs to handle their critical payments architecture. Form3 recently won the Best Technology Integration Award, in partnership with Nationwide, at the Card and Payments Awards 2025.
The company has also been awarded Best Payments-as-a-Service Solution for Banks & FIs at the Fintech Futures Paytech Awards 2025, PayTech Company of the Year at the Fintech Awards London 2025, and the 2025 Celent Model Bank Award, in partnership with Nationwide & Accenture.