Remove Near Real-Time Remove Payment APIs and Integration Remove Payment Initiation
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IBM, SWIFT Cap X-Border Payments Initiatives       

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However, blockchain is also gaining ground, and currency is offering a boost to the payments infrastructure. To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network. The process integrates the World Wire API into banks’ payment systems.

SWIFT 40
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B2B Not A Vital Part Of Real-Time Payments Innovation, Yet

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Faster payments schemes across the globe are placing new definitions on what it means to be fast, especially as more initiatives heard towards real-time transacting. In the three years since FIS began this annual report, the number of real-time payments programs more than doubled, researchers noted.

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Open Banking Adds Intelligence To Treasury Management

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.” The friction associated with manually downloading data across banking and financial platforms, and then having to normalize it to make it usable, presents a significant opportunity for open banking initiatives and APIs in the corporate cash management space. Open banking is not a regulatory requirement in the U.S., ”