The Clearing House’s Post

 Growth in Instant Payments has been stratospheric over the last decade, hitting 29.1% year-on-year. Data Bridge Research predict instant payments will account for one in three of all consumer transactions globally by 2029 – read the new white paper from RS2 to find out what this means for banks and how they should respond https://lnkd.in/d2UBGA-V

📰 A new blog is now live on The Bottom Line! 💬 Our Commercial Payments expert Dean N. chronicles a decade of dramatic change in the payments market and the various opportunities for commercial entities to adopt the next generation of tools and solutions. 🔗 Read more at: https://hubs.ly/Q02xt1Nf0

As real-time payments grow in popularity, there is also lack of clarity among consumers regarding what constitutes as a real-time payment. Only 29% of consumers who claimed to have made a real-time payment believed that the payment cleared immediately. This indicates a need for continued market education on what real-time payments actually are, along with their benefits. Check out more consumer sentiment stats in PYMNTS: https://hubs.ly/Q02ch-3V0. #FasterPayments #Fintech

"In recent years, the global financial landscape has witnessed a significant rise in real-time payments, a payment method that, among other things, allows for immediate transfer of money from a customer’s account to a merchant’s account." Curious to discover how Link Money is leading the charge in disrupting this space? Dive deeper into our CEO, Eric Shoykhet's insights by checking out his latest interview with PYMNTS. #OpenBanking https://lnkd.in/eB7rquhB

This is an interesting challenge for those in financial services and one we help clients combat regularly. It was a fun topic to write about - hope those of you in the financial sector will give it a read! #financialservices #bankmarketing #marketingagency

💭 A new study finds that many financial institutions in the US and Europe are not yet fully equipped to meet the rapidly growing demand for #InstantPayments. Hear from industry experts in our recent webinar as they delve into the foundations for and opportunities in successfully delivering real-time payments 24/7/365. Access the recording here 👉 https://okt.to/8WHzKy

Have you heard of silent switching? This happens when bank customers fragment their activities by using secondary institutions for financial services offered by their primary institution. Silent switching can be challenging to detect because the customer doesn’t close their account at their primary institution, so the losses are more gradual and frequently fly under the radar. In this edition of Compound Interest, Jonathan Bone breaks down who is affected by silent switching and how to combat this growing phenomenon.   https://lnkd.in/e5DD9rWa   #SilentSwitching #FinancialMarketing #FinancialServices

💭 A new study finds that many financial institutions in the US and Europe are not yet fully equipped to meet the rapidly growing demand for #InstantPayments. Hear from industry experts in our recent webinar as they delve into the foundations for and opportunities in successfully delivering real-time payments 24/7/365. Access the recording here 👉 https://okt.to/JyO4qZ

💭 A new study finds that many financial institutions in the US and Europe are not yet fully equipped to meet the rapidly growing demand for #InstantPayments. Hear from industry experts in our recent webinar as they delve into the foundations for and opportunities in successfully delivering real-time payments 24/7/365. Access the recording here 👉 https://okt.to/bcoyx9

💭 A new study finds that many financial institutions in the US and Europe are not yet fully equipped to meet the rapidly growing demand for #InstantPayments. Hear from industry experts in our recent webinar as they delve into the foundations for and opportunities in successfully delivering real-time payments 24/7/365. Access the recording here 👉 https://okt.to/mxgwIN