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EU seeks to make 10-second instant bank payments a reality
(www.euronews.com)
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this post was submitted on 09 Nov 2023
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This has been a thing for years in Russia, what the heck?
That's the case for many counties but that's only between the banks within that country because that's all that one government can require banks to implement. The EU has to do something to get things moving between counties, otherwise nobody is going to agree on anything voluntarily.