{
  "id": 6759279,
  "title": "Ivo Bozukov on Real-Time Payments: Why Batch Processing Is Becoming a Competitive Liability",
  "url": "https://urgent.news/2026/09/11/ivo-bozukov-on-real-time-payments-why-batch-processing-is-becoming-a",
  "topic": "world",
  "section": "World",
  "published": "2026-09-11T13:19:36.000Z",
  "source": {
    "name": "KahawaTungu",
    "slug": "kahawatungu",
    "url": "https://kahawatungu.com/ivo-bozukov-on-real-time-payments-why-batch-processing-is-becoming-a-competitive-liability/"
  },
  "original_language": "en",
  "account": "Banks today are transitioning quickly from batch processing to real-time payment systems in order to meet the demands of modern customers and regulatory requirements. Traditional batch processing is becoming a liability as it introduces delays that frustrate both corporate clients and internal treasury teams. Ivo Bozukov argues that batch windows are relics of a bygone era of finance.\n\nInstant payment networks are now the foundation of international money transfers. In Europe, new regulations require instant euro payments for payment service providers, reaching nearly all European accounts. In India, the Unified Payments Interface processed over 23 billion transactions in just a few months, showing that instant processing is now a baseline requirement.\n\nTo keep up, banks must adopt event-driven architectures that process payments the moment they arrive, giving treasury teams real-time visibility into cash positions and eliminating the guesswork of manual reconciliation. Modernizing legacy systems with ISO 20022 messaging standard provides a unified data structure that streamlines compliance checks and automates straight-through processing. While the transition requires significant investment and restructuring, banks that modernize their core systems now will retain a competitive edge in the fast-paced world of global trade.",
  "summary": "Global banking leaders are moving rapidly towards immediate transaction settlement across international financial markets. Traditional batch processing systems are turning into dangerous commercial liabilities for modern retail banks. To maintain transaction speed and satisfy customer expectations, financial companies need real-time payment rails. Legacy systems are being driven out of daily cash…",
  "key_points": [
    "Banks shifting from batch to real-time payment systems to meet customer demands and regulations.",
    "Ivo Bozukov states batch windows are outdated and a liability for finance operations.",
    "Modernizing legacy systems with ISO 20022 standard enables real-time visibility and automation."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}