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Development of Payment Systems within Banks

Development of Payment Systems within Banks

by Robert Tripp | Sep 25, 2005 | Articles, Banking Product Engines, Gateways to the Banking Industry

Introduction The OFT and the banking industry have agreed to create a new payments capability for the UK by the end of 2007. For standing Orders, internet banking transfers and telephone transfers between banks the movement will be near real time. Currently, there is...

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