Are European banks underestimating how many payments they will need to process per second to support instant payments?
According to a survey of 200 senior payment professionals at European banks published by RedCompass Labs in late March, most lenders are aiming to be able to process 100 to 300 payments per second by the end of 2025. Just 5% said they were targeting above 1,000.
Bulk payment files can contain hundreds of thousands of payments.
Instant payments offer the opportunity to focus on a concrete business case that can benefit other lines of business
Frédéric Viard, Bottomline
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