Navigating the rapidly evolving payments landscape: getting policies and technology right

In an era of digital leapfrogging and rapid payments development, it’s important to understand the basics of payment system design. This white paper aims to answer the “why” implicit in the development of new payment systems. Lipis Advisors presents a multi-phased approach for payments modernization efforts that highlights potential financial stability risks, benefits to different stakeholders, and challenges that may be faced in implementation.

International Best Practices in Directory Models by the US Faster Payments Council Directory Models Work Group

This is a collaborative effort from the members of the US Faster Payments Council Directory Models Work Group. The report presents research on six directory overlays to faster payment systems across the globe. Our managing consultant Andrew Gomez led the research comparing several directory models, and highlights the lessons learned for the US. This paper provides information on Pix, UPI, Bizum, Interac, and others.

Decoding CBDC: Entering The Next Phase of CBDC Exploration (Part 3)

This is the third of the renowned series of reports covering CBDC Implementation & Practical Guidance. The whitepaper provides insights on what can central banks take away from CBDC exploration to date, the areas that central banks should explore as part of the next stage of CBDC development, and innovations that central banks should monitor as CBDC exploration advances.

Decoding CBDC: A Practical Guide to CBDC Design and Implementation (Part 2)

The report aims to provide a detailed assessment of CBDC infrastructures and solution providers, helping central bankers make informed design and technology choices as they navigate CBDC implementation.

Imagining the future of RTGS systems

Over the past few decades, RTGS systems have played an important role in financial sector development and have been an essential tool in managing the financial system's stability. However, since these systems were first implemented, the payments ecosystems have undergone a dramatic transformation. Together with CMA Small Systems, Lipis Advisors provides insights into new functionalities that central banks should consider as part of their RTGS modernization plans.

Decoding CBDC: A Practical Guide to CBDC Design and Implementation (Part 1)

This report explores a variety of technology and design issues related to CBDC implementation, such as: token-based vs. account-based regimes, how blockchain-based cryptocurrency techniques can be used to support CBDC implementation, type of ledger (e.g. centralized vs. decentralized), privacy aspects (e.g. KYC, fraud), and design of user interface on CBDC devices.

Accelerating Real-Time Payment Adoption

Lipis Advisors was sponsored by TietoEVRY to create a comprehensive look at the use-cases, value-added services, and real-world examples leading real-time payment adoption.

The Future of Payments in South Africa

Lipis Advisors was sponsored by Finastra to track how recent modernization efforts in South Africa and the South African Development Community (SADC) are affecting existing payments technology. This white paper looks at South Africa within the context of global payment trends, major stakeholder groups, and the future of payments in the region.

Get More from Real-Time

Lipis Advisors worked in partnership with ACI to respond to the convergence of real-time payments and open banking. This powerful duo will surely have a lasting effect on the future of payments and introduces new opportunities in an increasingly dynamic market. This white paper takes a strategic look at the implications of open banking for various stakeholders, how it will affect the consumer expectations, and what decisions must be made to adapt to a changing landscape.