Remove Agreements Remove Real Time Gross Settlement (RTGS) Remove Settlement
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In The Blockchain Race, FIs Hustle Not To Come In Last

PYMNTS

The Bank of England caught the financial services world’s attention when its Governor, Mark Carney, spoke about the central bank’s latest initiative to revamp and rebuild its real-time gross settlement (RTGS) system.

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TRENDING: How Ingram Micro Stays Atop Packages And Payments

PYMNTS

In India, Axis Bank launched a blockchain-powered global payment service, developed using Ripple’s real-time gross settlement (RTGS) solution, to facilitate payments between businesses in Southeast Asia and the Middle East. Retail customers can now use the service to receive payments from the UAE’s RAKBANK.