A new study by global tech strategists Juniper Research has found that instant payments will surpass the $100 trillion mark in 2029; up from $60 trillion in 2025. This rapid rise will be driven by two major trends: the increasing adoption of instant payments in Europe, driven by regulation, and the rising usage of FedNow in the US. “While instant payments have been in the US for a while, FedNow promises to take instant payments to a new level of scale; providing broad access and reach. “With scams more prevalent than ever, securing instant payment systems is vital. Pairing instant payments roll-outs with fraud detection advancements is vital to ensuring the modernisation of payments does not come at the cost of a deluge of fraud,” Maynard concluded.