In the UK in 2008, it became possible to transfer money between banks in real time
In the UK in 2008, it became possible to transfer money between banks in real time
2 PagesCase study In the UK in 2008, it became possible to transfer money between banks in real time. This world-first initiative means that it is as quick and easy to transfer money between connected institutions as it is to transfer money between accounts at one institution. “We’re talking large numbers – 94% of the UK’s payroll goes through our system,” Nick says, “but we are acutely aware that every one of those payments is important to some
