Hacker News Reader

faster payments had nothing to do with the EU

"open" banking did (and accordingly you have to be a large company to participate at all)

Instant interbank transfer is basically everywhere[1] - China, India, Korea, Singapore, Malaysia, Indonesia, etc...

yes, the EU launched a separate instant payment scheme a decade later

doesn't mean the EU had anything to do with the UK's domestic faster payments scheme

(SEPA is also euro only)

I was thinking of PSD (the original one), but it turns out that only required end of next business day settlement.