Latest Developments in Real Time Payments: Innovation and Interoperability

<!DOCTYPE HTML> <html lang="en" xmlns="http://www.w3.org/1999/xhtml"> <head><meta charset="utf-8" /><meta name="viewport" content="width=device-width, initial-scale=1.0" /><title> Latest Developments in Real Time Payments: Innovation and Interoperability </title><link rel="icon" href="/assets/favicons/favicon.ico" sizes="any" /><link rel="icon" href="/assets/favicons/favicon.svg" type="image/svg+xml" /><link rel="apple-touch-icon" href="/assets/favicons/apple-touch-icon.png" /><link rel="manifest" href="/assets/favicons/site.webmanifest" /><meta name="theme-color" content="#4a4a4a" /><link href="/app_themes/earlgrey/css/bootstrap/bootstrap.min.css" rel="stylesheet" /><link href="/app_themes/earlgrey/css/main.min.css" rel="stylesheet" /> <script src="/scripts/jquery-3.0.0.min.js"></script> <meta content="In an interview with FinextraTV in the lead-up to Sibos 2024 in Beijing, China, Peter Reynolds, Executive Vice President Real Time Payments, Mastercard, highlights how 2024 has welcomed a new era with 100 countries now with live real time payments systems, covering 87% of the world鈥檚 GDP. 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</section>  <div class="container tv-header"> <div class="row"> <div class="col-12 col-sm-6 col-lg-7 col-xl-8"> <a href="/latest-videos"> <img src="/app_themes/earlgrey/images/logos/tv-logo2.svg" class="tv-header-logo" alt="Finextra TV"/> </a> </div> <div class="col-12 col-sm-6 d-sm-block offset-lg-0 col-lg-5 col-xl-4 align-self-center"> <div class="site-search-bar tv-site-search-bar full-width" onkeypress="javascript:return WebForm_FireDefaultButton(event, 'ctl00_ctl00_body_main_header_bSearch')"> <div class="search-input-container"> <input name="ctl00$ctl00$body$main$header$tSearch" type="search" id="ctl00_ctl00_body_main_header_tSearch" class="search-input" required="" placeholder="Search FinextraTV..." /> <button class="search-clear-button" type="reset"></button> </div> <a onclick="return testValue('ctl00_ctl00_body_main_header_tSearch');" id="ctl00_ctl00_body_main_header_bSearch" class="search-button" href="javascript:__doPostBack('ctl00$ctl00$body$main$header$bSearch','')"> <span 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"/community/login.aspx?returnurl=%252fvideoarticle%252f3194%252flatest-developments-in-real-time-payments-innovation-and-interoperability", false, true))"> <span class="button-icon"></span> <span id="likeTally" class="button-text d-none"> </span></a> </span> <span class="card-button card-linkedin-button"> <a id="ctl00_ctl00_body_main_ArticleForm_LinkedInButton_aLiButton" class="button button-small button-icon-left button-dark button-center button-transparent btnLinkedIn" aria-label="Share to: LinkedIn" title="Share to: LinkedIn"> <span class="button-icon" style="-webkit-mask-image: url('/app_themes/earlgrey/images/icons/social/LinkedIn.svg'); mask-image: url('/app_themes/earlgrey/images/icons/social/LinkedIn.svg');"></span> <span id="liButtonResult" class="button-text">2</span> </a> </span> <time class="card-timestamp card-icon calendar" datetime="2024-10-24 12:42:00Z">24 October 2024</time> <span class="card-views card-icon views">6,867</span> <a href="#comments" class="card-comments card-icon messages">Be the first to comment</a> </p> </div>  <div class="tv-video-youtube"> <div id="ctl00_ctl00_body_main_ArticleForm_youTube"> <iframe width="560" height="315" frameborder="0" allowfullscreen src="https://www.youtube.com/embed/wZmcaQgud78?rel=0&modestbranding=1&autoplay=1" allow="autoplay; encrypted-media"></iframe> </div> </div> <div class="row"> <div class="col-12 col-xl-4">  <div class="button button-secondary content-box button-dark" ><h4>Sponsored</h4><p>This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.</p></div> </div> <div class="col-12 col-xl-8"> <div class="tv-video-intro alt-body-copy"><p>In an interview with FinextraTV in the lead-up to Sibos 2024 in Beijing, China, Peter Reynolds, Executive Vice President Real Time Payments, Mastercard, highlights how 2024 has welcomed a new era with 100 countries now with live real time payments systems, covering 87% of the world鈥檚 GDP. Exploring the substantial growth across account-to-account payments and the conversion of cash to digital payments, the interview examines how the financial ecosystem is opening with digital wallet payments, QR Code acceptance and the promise of interoperability.</p></div>  <div id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_dContainer" class="additional-info additional-info-dark"> <div class="row"> <div id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_dCo" class="col-12 col-lg-4 additional-info-column"> <h3 id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_headerCompanies" class="h6">Related Company</h3> <div class="info-icon company"> <a id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_rCompanies_ctl00_hCompany" aria-label="Link to company: Mastercard" href="/company-news/1935/mastercard">Mastercard</a> </div> </div> <div id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_dCh" class="col-12 col-lg-4 additional-info-column"> <h3 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id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_rKeywords_ctl00_hKeyword" aria-label="Link to keyword: Instant Payments" href="/keywords/instantpayments?tv=selected">instant payments</a> <a id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_rKeywords_ctl01_hKeyword" aria-label="Link to keyword: Innovation" href="/keywords/innovation?tv=selected">innovation</a> <a id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_rKeywords_ctl02_hKeyword" aria-label="Link to keyword: Cash management" href="/keywords/cashmgt?tv=selected">cash management</a> </div> </div> </div> </div>  <script src="/App_Themes/EarlGrey/scripts/modules/site/UpdateShareStatsScript.js"></script> <script> var twLink = "https://twitter.com/intent/tweet?text=Latest+Developments+in+Real+Time+Payments%3a+Innovation+and+Interoperability&url=https%3a%2f%2fwww.finextra.com%2fvideoarticle%2f3194%2flatest-developments-in-real-time-payments-innovation-and-interoperability&via=Finextra"; var fbLink = 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Latest Developments in Real Time Payments: Innovation and Interoperability