Remove Cross-Border Payments Remove Interbank Settlement Remove Payment Message
article thumbnail

Peru Taps Vocalink In Payments System Overhaul

PYMNTS

Separately, a number of retailers, among them giants Target and Walmart, have requested that the Federal Reserve create a real-time interbank settlement system. The Fed, of course, has been eyeing the creation of a faster payments system, and yet there may be some challenges afoot, noted The Wall Street Journal.