Real-time payments schemes are proliferating around the globe. Getting them to work in sync and breaking down the silos that exist between countries will be key to helping faster payments scale across a variety of commercial and consumer-facing use cases. Learn from Dave Scola, CEO for the U.S. at Form3, Sarah Billings, Senior Vice President, Head of Payments and International Product Operations and Transformation at PNC, and Dan Williams, Senior Vice President, Head of Embedded Banking at KeyBank as they talk to PYMNTS.

Beyond the messaging standards, ISO 20022, and the ongoing efforts to incorporate instant payment schemes in the US, what should financial institutions be doing to get ready for the eventuality where instant payments schemes are “linked” to speed and improve international payments? Watch our recent session on demand as Hal Levey, Senior Editor at PYMNTS, moderates a discussion among industry experts from Form3, PNC and KeyBank.

The UK’s financial landscape is continually pioneering robust solutions to fortify payment safety, ensuring the integrity of transactions made by everyday consumers. This commitment to securing transactions has been further amplified with the introduction of Pay.UK's Confirmation of Payee (CoP) initiative.

For banks eyeing what they must do to get on board the FedNow Service to meet customers’ expectations for faster payments and integrate with the first new payments rails in the United States in four decades — the challenges are numerous. Form3 Chief Operating Officer Eimear O’Connor said in an interview with PYMNTS that some lessons have already been learned outside of the U.S., particularly in Europe, where real-time payments have been a mainstay.

In today's dynamic world of financial services, the move towards integrating real-time payment schemes is both a necessity and a challenge. Across the globe, there are myriad schemes in varying stages of maturity and adoption. For financial institutions keen on operating seamlessly across these platforms, understanding their nuances is paramount.

Application programming interfaces (APIs) are emerging as a powerful tool with the potential to revolutionize the way financial services are delivered and consumed. But as Jolanda Schekermans, Head of Product – API Experience at Form3, told PYMNTS, financial institutions (FIs) and other providers must understand how APIs can and should be used to drive results and innovation, rather than simply adopting them as a technical solution.

Just a few weeks after launch, FedNow is live. In an interview with PYMNTS, Miriam Sheril, Head of Product - U.S. at Form3, said that the initial interest and embrace by banks just a few weeks since the Federal Reserve’s instant payments service launch has been encouraging.

Banking in the cloud might have once been a nice-to-have, but over time has become critical to enabling the changes that banks are trying to enact across the payments landscape. In an interview with PYMNTS, Form3's CEO-US, David Scola discusses the increase in demand for instant payments following the launch of FedNow.