Included in this issue: The time is now: harmonisation of ISO20022 for Real-Time Payments | ISO 20022 for real-time payments | Paym hits £70 million mark | C Hoare steps into the digital age | EPC: Instant Payments are Most Likely to Trigger the Next Wave of Innovation | TD Bank, MasterCard and Nymi pilot heartbeat-authenticated contactless payments | Canada launches initiative to modernise payments infrastructure | Blockchain poised to be biggest disruptor yet

UK 

The time is now: harmonisation of ISO20022 for Real-Time Payments

PaymentsUK has published an article by Lauren Jones, Head of Standards which argues that whilst differing implementations of ISO 20022 for real-time retail payments have emerged the time is right to seek commonality and convergence.

PaymentsUK, 12 August 2015

ISO 20022 for real-time payments

Payments UK has published a first draft of ISO 20022 messages to be used by the global payments industry.

Payments UK, 10 August 2015

Paym hits £70 million mark

Person-to-person mobile payments service Paym has seen £70m worth of payments sent via its service since the initiative was launched in April 2014. 

Finextra, 11 August 2015

C Hoare steps into the digital age

C Hoare & Co. the UK's oldest bank, is to launch a mobile banking app and contactless cards.

Financial Times, 10 August 2015

EPC: Instant Payments are Most Likely to Trigger the Next Wave of Innovation

The European Payments Council has published the results to its poll asking the question: “In your view, which of the following factors is most likely to trigger the next wave of innovation in the European payments market?”

European Payments Council, 7 August 2015

WORLDWIDE 

TD Bank, MasterCard and Nymi pilot heartbeat-authenticated contactless payments

TD Bank, MasterCard and wearable biometrics firm, Nymi have completed a pilot of contactless credit card payments authenticated by users heartbeats.

Finextra, 11 August 2015

Canada launches initiative to modernise payments infrastructure

The Canadian Payments Association has announced two key initiatives to modernise Canada's core payments infrastructure and has hired global consulting firm McKinsey to conduct stakeholder interview and prepare a fact-based analysis to support the exercise. 

Canadian Payments Association, 11 August 2015

RESEARCH

Blockchain poised to be biggest disruptor yet

According to a report by BBVA Compass economists, blockchain technology is receiving significant capital investment from banks and expects the disruption to be far-reaching.

BBVA Compass, 11 August 2015