The majority (83%) of financial industry professionals expect real-time payments to be widely available within five years, a survey has from ACI Worldwide has revealed.
The survey was answered by 200 financial industry professionals from across the world at Sibos this September.
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Over four in five of respondents believed that universal real-time payments will become a reality in the next five years.
Paul Thomalla, senior vice president and managing director of EMEA at ACI Worldwide, said: "We’ve long anticipated the move toward real-time payments, and the response from both these survey participants and the community at large further validates our belief."
Among the survey’s other findings were that 77% of respondents agreed siloed processes curb innovation, and 64% believed that corporate customers will demand a fuller mobile or tablet banking offering within the next five years.
Thomalla said: "The same desire for convenience and anywhere, anytime access that has made mobile banking and payments popular among consumers is also fuelling the demand for a rich corporate mobile banking experience, as noted by the survey results.
"Corporate mobile banking needs to be a seamless part of a larger online banking strategy. To drive the necessary innovation, successful companies will take a universal, enterprise-wide approach to payments infrastructure."
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