Wednesday, December 05, 2018 12:55:52 PM
Digital Billserv, Payserv security chains are in the early stage of development and deployment. The following SWIFT article (in-part) doesn't mention PYDS, but suggests Payment Data Systems (PYDS) could provide a helping-hand, when it comes to processing world-wide bank-to-bank recurring transactions, moving A-B, in-between and to final destination(s) without being hacked:
Manish Kohli, Global Head of Payments and Receivables, Citi Treasury and Trade Solutions, said: “The gpi pre-validation pilot is a significant step forward for the payments industry in building a platform on which banks can interact with each other in real-time, both pre-transaction and post-transaction. It demonstrates how banks can leverage SWIFT gpi to continue to transform cross border payments. This service is an enabler of our goal to provide real-time ubiquitous cross border payments by allowing banks and our clients to rectify any issues at the point of origination, achieving seamless end-to-end fulfilment along the payments delivery chain.” e.o.m (end-of-message.)
Microsoft & MasterCard partnership. PYDS works with MA and is/was Microsoft Dot Net connected.
Pick 3rd party EBPP&H back-office ASPs (application service providers) that meld seamlessly with MSFT, MA, & other networking entities. SVM and Uniteller were mentioned in a past PYDS PR. Uniteller, a leader in international money transfer & processing services, a PYDS EBPP&H step in the world-wide networking right direction?
PYDS FiCentive/Akimbo cards, Straight-Through-Processing & iRemotePay-Pass money card solutions are diamonds-in-the-rough. I'm Billserv/Payserv smart-card & PYDS Texas EBPP&H Hold'em. . . ALL-IN!
U.S.A. real-time digitalized eID transaction confirmations, or BUST!
DEAL!
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