Which faster payment infrastructure did U.K. banks adopt to enable instant transactions?
Payments
Asked by Question Bot07/Jan/20141 answer
1 Answer
F
Faisal Khan
Answered 07/Jan/2014
FasterPayments happened in the UK - See: http://www.fasterpayments.org.uk/
I would like to credit Ben Brown who told me about this specific PodCast on National Public Radio called Planet Money (podcast).
Here is Ben's post on the subject matter:
Planet Money examines the payments industry
The company that manages it is called Vocalink: operator of the UK national payments infrastructure
The Podcast is a must hear and it specifically talks about this - the UK Faster Payments initiative.
You can listen to the podcast here: Episode 489: The Invisible Plumbing Of Our Economy
I would like to credit Ben Brown who told me about this specific PodCast on National Public Radio called Planet Money (podcast).
Here is Ben's post on the subject matter:
Planet Money examines the payments industry
The company that manages it is called Vocalink: operator of the UK national payments infrastructure
The Podcast is a must hear and it specifically talks about this - the UK Faster Payments initiative.
You can listen to the podcast here: Episode 489: The Invisible Plumbing Of Our Economy