As Europe’s instant payments regulations approach implementation, banks are fast-tracking integration with SWIFT real-time payment infrastructure. Recently, Broadridge announced that its payments platform has supported multiple banks in swiftly connecting to SWIFT Instant Payments and the TIPS (Target Instant Payment Settlement) system, ensuring a stable launch during this critical regulatory transition period.
Banking Industry Races Toward 24/7 Real-Time Payment Capabilities
Starting October 2025, the EU will fully roll out its instant payments framework, mandating banks to enable round-the-clock settlement. Broadridge’s managed Instant Payments Service has onboarded seven bank clients within five months—a significantly faster timeline compared to the typical six months or more industry average.
This rapid deployment is crucial for financial institutions needing to quickly comply with evolving regulations.
High-Availability Architecture Ensures Payment System Resilience
The Broadridge platform utilizes an “active-active” dual data center setup, guaranteeing seamless failover during any single point of failure. Average transaction processing times stay below 10 seconds, fully meeting the EU’s technical requirements for real-time settlement. This robust architecture aligns with Buvei’s emphasis on payment resilience and handling high concurrency demands.
Integrated SWIFT Compliance Gateways Accelerate Deployment
The solution also incorporates certified gateways such as the SWIFT Alliance Gateway Instant, substantially lowering onboarding barriers, reducing compliance costs, and simplifying technical complexity. This allows banks to focus on their core business without worrying about underlying network connectivity and regulatory compliance.
For emerging payment providers aiming to expand globally, this Compliance-as-a-Service model represents a pivotal step toward a more standardized, platform-driven global payment ecosystem.
Compliance and Connectivity: Keys to Success for Global Payment Providers
As the global payments landscape evolves, regulatory compliance and technical capability have become the decisive factors for payment providers. Broadridge’s support for banks’ rapid migration to SWIFT real-time payments reflects the urgent industry demand for efficient, reliable payment infrastructure and provides valuable insights for innovative platforms like Buvei.
As a leading global payments solution provider, Buvei is dedicated to helping enterprise clients navigate complex cross-border payment challenges by delivering secure, efficient, and compliant payment services. Leveraging deep integrations with major payment networks, we aim to drive the payments industry toward a smarter, more seamless digital future.
Contact Buvei today to experience cutting-edge virtual card and global payment solutions that accelerate your business’s global expansion!
