CHRIS SKINNER PAYING IT SAFE IN REAL-TIME

摘要

If news can be tracked online as it happens, then real-time buying and selling must be achieveable.rnEverything is getting faster and faster. In trading rooms, we have real-time systems where every microsecond counts. The UK's faster payments programme means that interbank settlement can take place in less than a minute. And with Twitter, you can track news online as it happens anywhere in the world.rnThe fact that you can trade in a millionth of a millionth of a second, transfer monies at light speed and share news from Beijing to Birmingham as it is being made, is phenomenal and fundamentally changes banking and finance. For example, from a cash payment that requires physical delivery or a cheque in the post that takes days to clear, we can now make real-time payments online from Tokyo to Timbuktu.