PIB EXPLAINED Interoperability (safely moving money from a store of value held at one institution to a store of value held at another organisation) introduces new forms of risk across the payment system. The Payments Industry Body (PIB) activities and participation structures provide a structured and focussed way of managing these risks. #PIB #Payments #Impact
Neelan Narasimulu
10mo
We collectively have a responsibility to support Innovation and interoperability, whilst ensuring that we don't contribute to instability in the financial system nor perpetuate fraudulent activities.
AO
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