Swift in talks with Fed and ECB on real-time payments
Central banks across the globe are becoming interested in real-time payments
Financial messaging service Swift is in contact with the Federal Reserve and the European Central Bank (ECB) about the possibility of launching a real-time retail payment system in the two jurisdictions.
Both central banks have been weighing the possibility of a move to real-time, as numerous countries across the world have now implemented near-instant payments for retail consumers.
"There are quite a few people talking about real-time – the US and the ECB have both put out white papers,"
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