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PayCommerce Announces the First Open Cross-Border Faster Payments Network for Banks in 2016

PayCommerce today announced that it is launching a cross-border faster payments initiative which will enable the same-day, account-to-account settlement across the globe. The firm will roll-out Phase 1 in late 2016, starting with a pilot program between two major banks in countries that have domestic, faster payment capabilities. Phase 2 of the rollout is ...

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