Google is asking for the Federal Reserve to build a low-cost, real-time payment system and uses (glorious) UPI from India as an example to learn from https://www.federalreserve.gov/SECRS/2019/November/20191113/OP-1670/OP-1670_110719_136981_396266957468_1.pdf …
Glad to see Google also asking for an identity service, which RTP doesn’t have
-
-
I do hope FedNow takes a page from Europe’s SCT and will be push (and request) only https://www.europeanpaymentscouncil.eu/what-we-do/sepa-instant-credit-transfer … Google’s ask for pull would undermine trust in the security of bank funds.
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
at
retweets