Singapore has gone live with a real-time national payments system built by VocaLink and based on the UK's Faster Payments.
Congratulations Singapore and well done VocaLink. Australia next?
Australia is working towards the same goal, and will hopefully have this facility somewhere around late 2016 or early 2017. In Australia's case it is being led by accounting firm KPMG, all banks, credit unions and building societies, under the auspicies
of the Austalian Payments Clearing Association (APCA)
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© Finextra Research 2015