The Crypto-Currency Act of 2020 Could Bring United States Crypto Clarity

The Crypto-Currency Act of 2020 Could Bring United States Crypto Clarity

A U.S. Congressman (Paul Gosar: Republican-Arizona) has reportedly introduced a draft bill to bring regulatory clarity in the cryptocurrency space, dividing cryptocurrencies into three parts: crypto-commodities, crypto-currencies, and crypto-securities.

Citi Group Touts its platform for Real-Time Cross Border Payments

Citi Group Touts its platform for Real-Time Cross Border Payments

Citi Group Bank made an announcement via Business Wire that as previously reported in October of 2018, Citi it has launched a new cross-border platform, using RTP (real-time payments) to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX capabilities.

Wells Fargo Launches Ability to Send 'Real-Time Payments' on the RTP® Network

Wells Fargo Launches Ability to Send ‘Real-Time Payments’ on the RTP® Network

Wells Fargo announced today that its corporate customers can now send real-time payments through the RTP® network via an application programming interface (API), enabling the immediate movement of money and expanding the bank’s faster payments offerings.

HSBC Launches Real-Time Payments For Businesses via RTP Network

HSBC Launches Real-Time Payments For Businesses via RTP Network

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to send and receive real-time payments, the company said in a press release Monday (Nov. 18), via Business Wire. HSBC is said to be a member of the R3 consortium.