Remove Irrevocability Remove Payment Solutions Remove Real Time Payments
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Token.io Receives Strategic Investment from HSBC

Finovate

The investment underscores the two companies’ history of collaboration, which includes Token.io’s support for HSBC’s Open Payments solution. Token.io , an account-to-account (A2A) payment infrastructure innovator, secured a strategic investment from HSBC this week. The amount was not disclosed.

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Mastercard: Collaboration Is Key To Scaling Real-Time Payments

PYMNTS

With speed being the most obvious value proposition of real-time payments capabilities, it’s not difficult to imagine that corporate payers would be eager to embrace faster payments functionality in their accounts payable (AP) departments. Tackling Barriers, Both Real and Perceived.

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Deep Dive: Billing And The Use Of Real-Time Payments

PYMNTS

When The Clearing House (TCH) unveiled the Real-Time Payments (RTP) system in 2017, it propelled swifter payments and brought about the next generation of fund transfers. It wasn’t the first to roll out such a system, but it was the first “major payments upgrade” in the U.S. RTP in the Bill Payments Realm.

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Sleepless In Payments

PYMNTS

Now it’s still early days, but there’s not a whole lot of evidence that consumers and businesses have gravitated, en masse, to many real time payments solutions. In other words, it’s a teeny and tiny part of the payments mix in the countries where it was required to happen. Instantly, and irrevocably.