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Payments

The new network enables instant settlement within a regulated banking framework
Direct connectivity is expected to streamline dollar settlements for institutional clients
Rachel Moore is the Senior Vice President of Incubation and Emerging Payments
The collaboration with Ericsson aims to help banks scale digital offerings
Mark Majeske and Divyarani Raghupatruni will be expert speakers
The six-month lab tests atomic settlement using sterling central bank money
Synchrony powers everyday purchases for the 1 in 4 U.S. adults who hold a Synchrony credit card
The signing of the GENIUS Act established a federal framework for payment stablecoins
The $5.15bn deal aims to strengthen corporate cards, expenses, and real-time payments offering
Sporadic use and security concerns continue to limit everyday take-up
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