The goal-posts are shifting in new “real-time” payments systems. It is safe to assume that if anyone, anywhere builds a new payment system, it will be real-time. That particular bar has been well and truly set by the UK’s faster payments system, followed up by the Paym P2P mobile solution that started there last year. All round the world, countries that don’t have a real-time alternative are working on how to get one. In the US, The Clearing House has announced its intention to develop a new real-time system, and the Canadian Payments Association is beginning its own debate on payment system modernisation. But the Brits are not resting on their laurels either – they have begun speccing out a new “world class payments system” as the next generation.