What are payments rails? | Decoding: Banks | Episode 2

Ever wanted to know what’s going on behind the scenes every time we make a payment? We break down what a payments rail actually is, the different types, and why achieving real time payments is so difficult.
Watch the full series: 11fs.com/decoding
#DecodingBanks #Banking #FinancialServices
In association with Jack Henry Digital, the pioneer of personal digital banking, helping financial institutions strategically differentiate their digital offerings from megabanks, big techs, and fintechs.
Find out more: discover.jackhenry.com/digital/
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[@lebrv4266]

I suggest taking a look at Pix in Brazil

[@theweirdspirit6080]

Straight from podcast ✅

[@limjiayao]

Great series! Marvellous explanations and illustrations. I actually think the background music enhances the content too. Keep it up, producers!

[@abhijitv]

this is an amazing video!

[@smuflahi]

on the FX part...you need to update in light of SWIFT GPI and those massive development efforts in the international markets.

[@jaysrithangam2794]

1.9 tillion Payments globally ? or just the US?

[@ClaudeNova]

Great videos 11:FS!!! Bitcoin solves the 24/7/365 international settlements problem tho, no?

[@misterw591]

No

[@01Ashish]

11:37 shoutout to Indian UPI system..

[@adipranav]

Excellent series guys but stop that annoying loud back ground music while experts are talking... so distracting it is

[@angec6682]

XRP THE STANDARD!

[@adammiller6508]

I'm no financial expert, but I think he might be overpaying for his pints

[@Davv0007]

Have confidence in the series content. It is good. There is no need for the background music to make the series seem attractive. Please edit the series video and remove the background music. Thanks 👍

[@135agarcia]

P2P is so much directly.... no nead for middelman .... blockchain and DLT needs to be adopted... decentralize payment so much better

[@seamlessgreen]

Great content, annoying background music

[@josephreddick1503]

Good i sell my bitcoins n my money goes to my bank account.

[@squadmeta]

Hilarious. The most complicated and antiquated way to make ‘made up numbers’ move from one place to another. There is another way.