The EU Instant Payments Regulation, which came into effect in April 2024, aims to make instant payments the standard across the Single Euro Payments Area, while introducing enhanced security measures for faster transactions. Marianne Demarchi, Chief Executive EMEA at Swift, argues that interoperability between fragmented European Verification of Payee (VoP) schemes is a fundamental first step toward the success of pre-validating payments on a global scale.
November 20, 2024
