FIS to launch Central Bank Digital Currencies virtual lab

Date:

Hyderabad: With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build entirely new real-time payments networks to move money faster. In response, FIS, a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally, on Friday announced the launch of a new central infrastructure payment solution, RealNet Central to help Central banks transform their markets to digital-first, real-time payment economies.

Currently, 72 percent of the world’s population has, or will soon have, access to instant payments, according to the 2022 Worldpay from FIS Global Payments Report.

Share post:

Popular

More like this
Related

Telangana Police honored for significant contribution to development of Samanvaya platform

The Union Ministry of Home Affairs has conferred recognition...

Will Revanth govt take up ‘Caste Survey’ in Telangana?

While Congress national leader Rahul Gandhi is working as...

Discover Hyderabad’s Culinary Gem: Vasanthi Singampalli @tastydrips

In the vibrant culinary scene of Hyderabad, one name...

Neelam Madhu Mudiraj now aspires for a berth in Telangana Legislative Council

By M. Rajanikanth | Bureau Chief A politically ever-active...