Banks on both sides of the Atlantic have created a high-speed cross-border payments proof-of-concept project headed up by three powerhouses of payment and messaging. The Immediate Cross-Border payments (IXB) initiative proves that it’s possible to synchronize settlement in one instant payment system, with settlement in another, and to convert real-time messages between both systems, according […]

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Source: https://bankautomationnews.com/allposts/payments/banks-and-real-time-payments-players-team-up-on-cross-border-payments/