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Beyond the Buzz: What Instant Payments Really Mean for Banks

Beyond the Buzz: What Instant Payments Really Mean for Banks

Banking Bytes
25 min
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<p><span><span>In this episode of</span></span> <span><span>Banking Bytes</span></span><span><span>, host Matt Williamson is joined by</span> <span>Michael Knetsch</span> <span>of Deutsche Bank and Cristian</span> <span>Ceng</span><span>h</span><span>er</span> <span>of Erste Group to unpack the true impact of the instant payments mandate</span> <span>and what it really means for banks navigating rapid regulatory change.</span></span><span>&nbsp;</span></p> <p><span><span>Recorded live at</span> <span>MoneyLive</span><span>, this conversation dives into the operational, regulatory and infrastructure challenges of implementing instant payments across Europe and why the October compliance deadline is only part of the story.</span></span><span>&nbsp;</span></p> <p><span> &nbsp;</span><span><span>Key highlights:</span></span><span>&nbsp;</span></p> <ul> <li><span><span>The hidden risks of the 10-second rule</span> <span>–</span> <span>why milliseconds matter</span></span></li> <li><span><span>How verification of payee (VOP) is shaping the fight against fraud</span></span></li> <li><span><span>Why customer experience is at stake in the rush to comply</span></span></li> <li><span><span>The reality of 24/7 settlement</span> <span>–</span> <span>why most banks</span> <span>aren't</span> <span>there yet</span></span></li> <li><span><span>What needs to happen before truly seamless cross-border payments become a reality</span></span><span>&nbsp;</span></li> </ul> <p><span><span>Michael,</span> <span>Cristian</span> <span>and Matt explore what it takes to move from compliance to competitive advantage and how banks can meet expectations without compromising trust or stability.</span></span><span>&nbsp;</span></p> <p><span> &nbsp;</span><span><span>Tune in to hear expert views on the future of payments, infrastructure readiness and&nbsp;</span><span>what's</span> <span>next for the European banking ecosystem.</span></span><span>&nbsp;</span></p>