Remove End User Remove Faster Payments Remove Near Real-Time
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Ingo Money Dives Into Real-Time Payments Ubiquity Challenges

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Faster payments continue to gain traction in the U.S., However, real-time payments (RTP) have a long way to ubiquity, and while each payment rail has its advantages, each also has drawbacks that could stifle efforts for near-universal adoption. In the U.S., The Ubiquity Challenge.

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Citi: Treasurers, Embracing RTP’s Bright Future — While Bracing For Dark Days Ahead

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In the latest iteration of the “Executive Insight” series, executives at Citigroup take stock of the treasury function evolution from a somewhat predictable, visible monitoring of cash positions on a daily or weekly basis, marked by batch processing … to today’s necessity of managing cash in near-real-time, sometimes pressure-cooker situations.

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To Improve Treasury Tech, Target The Developers

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“We’re not sure that it would be optimal at this time to go directly to the end user. OANDA recently announced an upgrade to its Exchange Rates API, which enables updates to FX rates in near real time, along with other features designed for developers in need of a foreign exchange data flow for their own solutions.

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Open Banking Adds Intelligence To Treasury Management

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Turner noted that FinTechs that are able to wield data-sharing opportunities can then automate the aggregation and normalization of financial data across platforms automatically, enabling financial controllers and other executives to obtain their cash positions in near real-time. ”

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Fed Says America Needs Instant Payments As Soon As Possible

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“Instant payments will enable millions of American households and small businesses to get instant access to funds, rather than waiting days for checks to clear.”. The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails.