PYMNTS
FEBRUARY 21, 2019
As has been reported, the European Payments Council said in November that it had launched a new SEPA instant payment scheme across P2P and B2B payments, among other offerings, settling transactions within seconds among participating countries. Faster Payments In Asia. In Canada, Payments Canada said on Wednesday (Feb.
PYMNTS
NOVEMBER 6, 2018
Last year, only 25 real-time payment systems were operational worldwide — that number is growing rapidly. Demand is also heating up for real-time gross settlement (RTGS) systems. The governor of the Federal Reserve is pushing conversations on getting an RTGS system in the U.S.,
PYMNTS
NOVEMBER 7, 2018
After two decades of tweaking and updating its existing Real-Time Gross Settlement (RTGS) system, Hong Kong determined it needed a new rail. The merits of each approach are continuing to cause energetic debate. per transaction.
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