Reaping the rewards of real-time payments

# Reaping the rewards of real-time payments

> Evidence tier: B1
> Evidence type: Independent treasury-industry interview
> Source: [Treasury Today](https://treasurytoday.com/cash-liquidity-management/reaping-the-rewards-of-real-time-payments)
> Published: 2026-08-04
> Captured: 2026-08-05T01:40:43.199Z

## Source summary

Treasury Today interviews Bank of America's head of international payments on how Pix, UPI, RTP and SEPA Instant have raised expectations for 24/7 payments but remain fragmented by limits, data, access and regulation. He argues that an independent connector such as Swift could link the domestic legs, and notes Bank of America's participation in Swift's tokenized-ledger initiative.

## Why it matters

Cross-border real-time payments depend on interoperability between domestic instant rails, not speed within one scheme alone. The interview identifies practical obstacles and a possible Swift-based model, but it is an executive view rather than a new live corridor, committed timetable or measured improvement in cost and settlement.

## Key numbers

No independently checkable key number was extracted from this report.

## Topics and entities

- Industry lane: Payment infrastructure
- Entities: Bank of America / Swift
- Payment infrastructure
- Cross-border payments

## Evidence and credibility note

Treasury Today interview with a Bank of America payments executive. It describes an industry direction and participant view, not an independently verified deployment result.

Date evidence: Automatically verified from article:published_time: 2026-08-04T10:26:39+00:00

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original Treasury Today report](https://treasurytoday.com/cash-liquidity-management/reaping-the-rewards-of-real-time-payments)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.