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(Credit: Unsplash) This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda The …
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NPCI International Payments (NIPL), the global subsidiary of the National Payments Corporation of India (NPCI), announced that it had signed an agreement with the Bank of Namibia (BoN) to assist in the development of an instant payment system akin to India's Unified Payment Interface (UPI) for Namibia. According to a statement from NPCI, this partnership signifies a significant step towards enhancing Namibia's financial infrastructure and promoting inclusive economic development. The partnership aims to assist Namibia in modernising its financial ecosystem by uti
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As mandated real-time payments loom, Europe’s banks and other payment providers must look at modernising legacy infrastructure.
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MUFG Bank, and Crédit Agricole Corporate & Investment Bank completed the first payment in the ISO 20022 message format.
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