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Malaysian real-time payments platform
14 November 2017
Malaysia is to rollout a real-time retail payment platform (RPP) before the end of the year and launch instant credits next year.
Malaysia is to rollout a real-time retail payment platform (RPP) before the end of the year and launch instant credits next year.
Facebook has launched a person-to-person (P2P) payments service on its Messenger app in the UK and France, stealing a march on Apple who’ve launched a similar Apple Pay Cash service in beta form only in the US.
The European Central Bank (ECB) announced this week at SWIFT’s Sibos 2017 trade show in Toronto, Canada, that it intends to build a new real-time gross settlement (RTGS) by 2021 if it gets the permission of its governing board before the end of the year.
To coincide with the launch of Part Two of the Final Report from the US Faster Payments Task force a new website has been published www.FasterPaymentsTaskforce,org
IPF takes care of the low-level technical details and provides a simple, business oriented interface to payment systems, allowing ISO20022 payment messages to be sent and received.
Hike Messenger, India’s only home-grown messaging platform, today announced the launch of Hike 5.0 which includes a Wallet that allows money to be transferred instantly.
Circle customers in the US, UK and Europe now have the ability to send and receive money instantly across borders with no fees and no markup on foreign exchange rates. For the first time, sending money across borders is just like sending email or sharing photos: free and instant.
Financial technology innovator R3 has secured USD 107 million in the world’s largest distributed ledger technology (DLT) investment to date.
It appears Americans have run out of excuses for not paying their friends back in a timely manner, whether it’s for a $5 latte or $2,500 vacation. A new survey released today finds 36 percent of adults currently use a person-to-person payments service (P2P), with millennials leading the charge at nearly double that rate (62 percent).
The value of global P2P mobile payments is set to increase 40% to $540 billion by end-2017, Juniper Research forecast.
Six Dutch banks – ABN AMRO, ASN Bank, ING, Rabobank, Regiobank and SNS have announced their intention to launch Payconiq in the Netherlands this (European) summer.
Interbank messaging network Swift has rounded up an initial group of six leading correspondent banks to participate in proof-of-concept trials to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.