In this enlightening conversation with Hubertus von Poser, Member of the Management Board at PPI, we discuss the transformative journey European financial institutions are embarking on towards instant payment systems. Von Poser expertly explains the regulatory impetus driving banks towards this change, stressing the tight deadlines set forth by the European Union. With a comprehensive breakdown of the challenges banks face, ranging from technological integrations to business model adjustments, he provides a clear-eyed view of the landscape ahead.
Von Poser brings to light PPI’s capability in aiding banks navigate these turbulent waters through readiness checks and service models designed to expedite compliance with new regulations. Additionaly, he touches upon the broader implications of instant payments for commerce and individual transactions, highlighting the societal and economic benefits of a more interconnected and efficient payment ecosystem.
This interview offers deep insights into the complexities and opportunities presented by the shift towards instant payments in the EU. If you are even remotely interested in payments, this is one you cannot afford to miss.
