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Hyderabad: With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build entirely new real-time payments networks to move money faster.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’s historic decision to implement SC Sub-Categorization sets a national precedent

By M. Rajanikanth | Bureau Chief Hyderabad: The Telangana government...

Supreme Court permits Kerala Pravasi Association to approach Union Health Ministry over defective anti-Rabies vaccine

THIRUVANANTAPURAM: The Supreme Court has granted Kerala Pravasi Association...

All Genuine Claims Approved: Meesho tightens supply chain processes for greater fairness

HYDERABAD: Meesho, one of India’s major e-commerce marketplaces, has...

Telangana govt offers up to ₹8.65 lakh for housing: Who is eligible, how to apply?

By M. Rajanikanth | Bureau Chief HYDERABAD: The Telangana Government’s...