The Future of Payments

Navigating Complexity, Unlocking Opportunity

The payments landscape is undergoing its most significant transformation in decades. The EU Instant Payments Regulation introduces new obligations for PSPs, with implications rippling through corporate treasury operations. By October 2025, Eurozone banks must send and receive instant payments, fundamentally altering how treasurers manage intraday liquidity.

This roundtable discussion examines the convergence of instant payments, ISO 20022, Verification of Payee, and emerging digital currencies. Contributors from BNP Paribas, PwC, SAP, and EACT assess practical challenges including fraud prevention, master data quality, and the disconnect between 24/7 payment rails and traditional funding markets. The chapter also explores tokenisation, programmable payments, and e-invoicing as complementary forces reshaping treasury workflows.

Access the full discussion to prepare your treasury for the payments revolution.

Download the 2025/26 report on 15 October
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