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Daily News, E-Money, Instant payment, instant payment scheme, Instant Payments, Issuing & Acquiring, Mobile Remittance, Remittance, RTP, SCT Inst (SEPA Instant Credit Transfer), SEPA Instant Credit Transfer -

November saw the launch of new instant payment schemes in the US and Eurozone. The main commercial banks in the US are behind RTP®, and nearly 600 payment institutions from eight European countries are participating in SCT Inst (SEPA Instant Credit Transfer). Real-time or instant payment is not new though. It started with Zengin in [...]

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Blockchain, Daily news, Instant payment, Instant Payments, Instantaneous Payment, Issuing & Acquiring, Mobile Remittance, Remittance -

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The... more

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Blockchain, Daily News, Instant payment, Instant Payments, Instantaneous Payment, Issuing & Acquiring, Mobile Remittance, Remittance -

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The patent describes A method for processing a guaranteed electronic transaction, includes: storing account profile, each include an account number and balance; receiving a transaction message [...]

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Daily News, E-Money, Instant payment, Instant Payments, Issuing & Acquiring, Processing & Systems, Remittance -

How often have you got to the end of a project and wished you’d known something at the start? This is no bad thing because learning from one’s mistakes is one of life’s lessons — luxuries even. Yet in business, it’s a bit different. Projects have to be delivered on budget and on time. It [...]

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