The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System, a press release said. The Faster Payment System is the U.K.’s real-time payments infrastructure, allowing...
The adoption of faster payment systems is a worldwide trend, with more than 40 countries now offering their own schemes. The following Deep Dive that explores how faster payment systems are ushering in changes to both B2B and B2C businesses.
Is the building and adopting of new, real-time payment rails worth the time and expense? In Hong Kong’s case, fixing the languishing state of P2P and C2B payments requires more than just upgrading an existing system. In the latest Faster Payments Tracker, executives from Standard...
March 07, 2022
The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System, a press release said. The Faster Payment System is the U.K.’s real-time payments infrastructure, allowing real-time payments for individuals, businesses and charities in the U.K. […]
