How TIPS Is Helping ECB Expand Its Real-Time Payments Reach
PYMNTS
MAY 20, 2020
Making cross-border payments in the EU therefore requires interconnectivity between the regions’ various real-time payments rails. SCT Inst was developed in 2017 to establish operational guidelines by which all real-time payment rails in the EU are required to comply. Official guidelines and regulations can only go so far, however.
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