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CBI’s Leadership in Open Finance: Expanding Value-Added Services Through Collaboration

The Fintech Times

In this regard, over the years, CBI has developed several open banking and open finance services. This service is compliant to new requirements and legislations, more particularly, the Instant Payment Regulation, which defines that Instant credit transfers need to be accompanied by a ‘Verification of Payee’ service.

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Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP and FedNow

Faster Payments Council

While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue. The stakes are certainly high.

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Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP® and FedNow®

Faster Payments Council

While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue. The stakes are certainly high.

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Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP® and FedNow®

Faster Payments Council

While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue. The stakes are certainly high.

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Finastra Facilitates Connection of Swiss Banks in Readiness for New SIC Instant Payments Service

Fintech Finance

Finastra , a global provider of financial software applications and marketplaces, today announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments.

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Worldline Ensures Timely Regulatory Compliance for Anadolubank Nederland N.V. by Providing Cloud-Based Instant Payments

Fintech Finance

Worldline [Euronext: WLN], a global leader in payment services, has signed a contract with Anadolubank Nederland N.V. for its cloud-based instant payments solution. This partnership will enable Anadolubank to seamlessly comply with the new EU Instant Payments regulation.

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. We can also see opportunities for small and medium businesses.