FIS to launch Central Bank Digital Currencies virtual lab

Hyderabad: With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build entirely new real-time payments networks to move money faster.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.