Dispelling the instant payments myth
Not all treasurers are sold on the new concept, but those keen to know more need to learn about how APIs operate.
Real-time payments have been hitting the headlines. In September, the Hong Kong Monetary Authority launched its Faster Payments System enabling consumers to issue payments with a click of a button. The US Federal Reserve is now seeking public comment with a view to implement a faster payment system there in the near future.
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