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Australias new Faster Payments platform has been officially launch and is the result of collaboration between 13 members of Australia’s financial services industry, including Australia’s four major banks and the Reserve Bank of Australia. Services that use the Faster Payments platform’s capabilities will commence rolling out soon from about 60 banks, building societies and credit [...]
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A version of the Raiden payments channel network has been launched on the main Ethereum blockchain. Activated yesterday, the launch comes months after µRaiden – known more commonly as “microraiden” – first launched on an Ethereum test net. The idea behind the project, which is a simpler take on the still-in-development Raiden network, is to provide a mechanism for micropayments [...]
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Facebook Messenger is enabling people in the UK to send money to each other via P2P payments in its Messenger texting app for the first time. The social network said Monday that Messenger users in the UK will be able to send money to each other when the feature rolls out in the next few weeks. [...]
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FIS Streamlines Journey to Real-Time Payments for Banks, Processors and Clearing Houses with New Test Solutions
Key facts Allows adoption of instant payments with confidence Accelerate time-to-market, save time and control cost Includes simulation features for an end-to-end testing ecosystem Solution will be presented at Money 2020 Europe conference Banks, payment service providers and clearing houses worldwide are moving to real-time payments systems. Whilst there are different options available to migrate [...]
In recent Sanford Bernstein interview, Visa CEO Al Kelly, explained a number of opportunities and challenges facing the company, from Visa Europe to China and increasing digital payments. Kelly says in the interview, the company is focused on “growing the payments pie; we’re in a unique space in payments where we don’t necessarily have to go [...]
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