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Citi Group Touts its platform for Real-Time Cross Border Payments

Citi Group Bank made an announcement via Business Wire that as previously reported in October of 2018, Citi it has launched a new cross-border platform, using RTP (real-time payments) to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX capabilities.

Digital Asset Bureau

November 20, 2019

46

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Wells Fargo Launches Ability to Send ‘Real-Time Payments’ on the RTP® Network

Wells Fargo announced today that its corporate customers can now send real-time payments through the RTP® network via an application programming interface (API), enabling the immediate movement of money and expanding the bank’s faster payments offerings.

Digital Asset Bureau

November 19, 2019

133

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HSBC Launches Real-Time Payments For Businesses via RTP Network

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to send and receive real-time payments, the company said in a press release Monday (Nov. 18), via Business Wire. HSBC is said to be a member of the R3 consortium.

Digital Asset Bureau

November 18, 2019

117

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