Several nations around the globe have been fine-tuning, or readying, faster payments initiatives to bring speed and security to fund flows. Tom Hay, head of payments at Icon Solutions, explains how real-time payments mark the latest generation of, and technical challenge to, financial firms.
April 21, 2017
Icon Solutions announced the enhancement of its Instant Payments Framework (IPF) product to support connectivity to The Clearing House (TCH), which will accelerate U.S. banks’ access to real-time payments. According to Finextra, IPF is an agile software product that will expedite U.S. financial institutions’ participation in real-time payments. “We foresee a high demand for IPF […]
