“Conversational” transactions decisive step towards instant payments

We have been talking about it for some time, and in more detail since last December, when the European Payment Council published the formal specifications of the “Request to Pay” scheme in its Rulebook.

Will it be a shock to the payments world? Many indicators, and many insiders, suggest that we are facing yet another revolution (technological and regulatory) in the financial sector.

The new Sepa scheme, operationally launched in June, relies on a secure messaging framework developed …