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Three EPC documents governing payee name verification become mandatory for all SEPA scheme participants on September 20, 2026. Updated API specifications prohibit empty fields, and a revised security framework applies to VoP, SRTP, and SPAA.

Three years after FedNow launched, a Federal Reserve Bank of Richmond study finds that combined US instant payment volume amounts to less than one transaction per person every eight months, far short of adoption levels in leading Asian and Latin American markets.

The network operator will consult the industry on a revised timetable after acknowledging that large parts of the banking sector across all regions were unable to meet the November 14 structured address requirement. The Bank of England deferred its own RTGS standards release the following day to maintain global alignment.

The European Payment Initiative's digital wallet expands German merchant coverage as Nexi enables Wero acceptance for Europe's largest drugstore chain, with the network now serving 58 million registered users across the continent.

NFC-based contactless checkout for Wero has been deferred to 2027, with the scheme's physical retail entry now dependent on QR-code solutions requiring no specialized hardware. Merchant momentum is building through major retailer integrations and EPI-funded activation campaigns.

Three years after launch, FedNow's quarterly transaction count jumped 83% to nearly five million in Q2 2026 while total settled value barely moved. The drop in average payment size from $99,000 to $55,000 points to a system expanding beyond early large-value adopters into routine commercial payments.

Banco de Mexico's two overlay services built on SPEI have collectively enrolled over 33 million accounts since 2019 but converted only a fraction into regular transactions, reflecting the persistent leadership of cash and direct SPEI transfers in the Mexican market.