Of all economic activities, payment transactions are not everything, but without payment transactions everything would be nothing. Money and capital flows open up national and international opportunities to settle accounts, ensure the functioning of business and national economies, fuel the operations of central banks and monetary policy and enable commercial and investment banking. Global non-cash payments are growing at double-digit rates per year, to a level of many billions of dollars. Market participants estimate that only just over 5% of global money and capital flows are used to pay for goods and services, with the vast majority being unrelated to the real economy or simply speculative in search of higher interest rates and arbitrage profits.
The IBF follows and analyzes the innovative developments in this competitive market par excellence and involves its members and friends in the dynamics.
