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The global banking & payments industry experienced a 15% drop in company filings mentions of real-time payments in Q2 2023 compared with the previous quarter, with the highest share accounted for by Mastercard with 1060% year-on-year increase, according to GlobalData’s analysis of over 129 banking & payments company filings. An overview of the impact of instant payment technology on the payments industry is included in GlobalData’s Instant Payments Market Analysis report along with information on key countries and companies in the sector and instant payment-associated risks and solutions. Buy the report here.

Notably, real-time payments was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of cybersecurity and financial wellness, according to GlobalData.

Of the top leading companies in the banking & payments industry, Mastercard had the greatest increase in references for real-time payments in Q2 2023, compared with the previous quarter. GlobalData identified 58 real-time payments-related sentences in the company's filings - 4% of all sentences - and an increase of 1000% in Q2 2023 compared with Q2 2022. Bank of Baroda’s mentions of real-time payments rose by 300% to 13 and Itau Unibanco Holding’s by 100% to 13 and State Bank of India’s by 100% to 6 and Nexi’s by 100% to 3.

GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for real-time payments in Q2 2023 was 135.

For further understanding of GlobalData's Instant Payments Market Analysis, Key Trends, Strategies, and Future Implications, 2022 buy the report here.

This content was updated on 17 July 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.