Intelligent Fin.tech Issue 24 | Page 65

E X P E R T
F O R E C A S T

E X P E R T

F O R E C A S T

WITH THE MIDDLE EAST LEADING THE WORLD IN REAL-TIME PAYMENTS GROWTH , FINANCIAL INSTITUTIONS SHOULD SEIZE THE OPPORTUNITY TO CAREFULLY STUDY THESE SUCCESSES AND EXTRACT VALUABLE INSIGHTS TO INSPIRE THE LAUNCH OF THEIR OWN PIONEERING REAL-TIME PAYMENT SOLUTIONS . banks must navigate a delicate balance of competition and cooperation with emerging market players . The world ’ s most successful real-time payment schemes , exemplified by India ’ s achievements , showcase a myriad of real-time payment methods via QR codes , mobile apps or online accounts , pushing the boundaries of innovative use cases . With the Middle East leading the world in realtime payments growth , financial institutions should seize the opportunity to carefully study these successes and extract valuable insights to inspire the launch of their own pioneering real-time payment solutions .” � www . intelligentfin . tech
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