Canada Launches Real-Time Rail for 24/7 Payments
Canada has officially launched its Real-Time Rail Monday (Nov. 9), introducing around-the-clock payment infrastructure designed to accelerate money movement, improve cash flow management and give financial institutions and payment providers a platform for developing new services. The system uses the ISO 20022 messaging standard to support richer transaction information and is designed to give…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
