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SEPA Instant Payments Push Banks and B2B Payments Into the Future

  • SEPA instant payment framework is live in the European Union, requiring financial institutions to be capable of receiving instant payments.
  • SEPA instant payments settle in fewer than 10 seconds, 24/7, across participating countries, presenting challenges for businesses in cash flow, risk management, and compliance.
  • SEPA instant payments offer benefits to B2B companies, including improved liquidity management and reduced friction for European firms operating within the single market.
  • Banks and payment service providers need advanced technologies like AI and machine learning for real-time fraud detection and AML checks.

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