RTP has been gaining popularity in recent years as a convenient and efficient way to transfer funds between P2B, P2P and B2B payment segments. Every bank’s payment ecosystem is different and there is no one-size-fits-all implementation strategy. Successful banks identify existing constraints and best practices and tailor them to address their consumer needs.
Mahesh is an experienced MBA & Payments Professional, leading transformation programs for the payments landscape at top-tier banks and transforming legacy payment processing applications.
RTP has been gaining popularity in recent years as a convenient and efficient way to transfer funds between P2B, P2P and B2B payment segments. It's important to note that each bank's payment ecosystem is unique, and a one-size-fits-all implementation strategy does not exist. Successful banks recognise the specific limitations and best practices within their systems and tailor them accordingly to meet the requirements of their customers.
This comprehensive guide provides the fundamental implementation considerations that most banks would need to consider while implementing realtime payments. It covers crucial aspects such as “Payment Processing”, “Controls”, and provides key differences between TCH RTP and FEDNOW in US region.
Read our full guide here.
Looking to Have an Impact Assessment completed on Instant/Real-Time Payments?
Significant and complex internal changes are on the horizon for banks because of Instant Payments implementation. Being aware of the magnitude of these changes is imperative and an assessment by our experts will be an effective way to get started on the journey.
How Delta Capita can help
Delta Capita’s unique market position allows us to bring insight, skills and capacity to help solve your pain points as the payments market evolves. This is all supported by our experience working with financial market infrastructures, sell and buy side, and technology companies - and across our domains of expertise. Our vast experience and coverage mean we can craft bespoke solutions to help you maximise commercial benefits from the ongoing tumultuous changes in the banking industry.
To find out more and speak to one of our experts, contact us today.