EU Banks Are Racing Towards Instant Payments In Response To Facebook’s Libra: Reuters
Banks in the European Union are setting up an instant payments system that could roll out as early as 2020 in response to Facebook’s Libra announcement, according to a Reuters report. Etienne Goose, director general of the European Payments Council, pointed out to the publication that big technology firms had the advantage of being a global unit unlike the fragmented European banking industry. He was … Continue reading EU Banks Are Racing Towards Instant Payments In Response To Facebook’s Libra: Reuters