PYMNTS

5 Things to Know as Money Movement Runs on Different Clocks

Money can move at 2 a.m. on Sunday. The systems needed to fund, convert, settle and account for that flow of funds may have another schedule. Three developments last week illustrate the timing variances. Seven U.K. banks completed the first live customer transactions using tokenized sterling deposits, including two remortgage completions and a consumer marketplace […] The post 5 Things to Know as Money Movement Runs on Different Clocks appeared first on PYMNTS.com.

By PYMNTS

1 min read
5 Things to Know as Money Movement Runs on Different Clocks
5 Things to Know as Money Movement Runs on Different Clocks

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