In 2024, USA will reach the current present in Europe ;)
Since 2017, the SEPA Instant Credit Transfer protocol is enabled in Europe. Which is basically what FedNow will be.
Multiple apps and banks have built on top of it solutions for consumers and businesses.
I interviewed Bizum, the success story of Spain related to instant payments. Here, "bizum" is a verb. 100% of banks supoort it. Everyone, kids and adults, use it to pay for beers, food or presents https://www.javierescribano.me/bizum/
> You can see them in the front line, looking for melee with the police. They are covered, some wear helmets and elbow pads, communicate by radio and do not get rid of almost anything. They are the 500 anti-systems, which the police divide between revolutionary independence activists and anarchists, mostly young people, who are at the forefront of the riots that have had their epicenter in Barcelona since Monday. This nucleus has a reinforcement of another 1,500 that add to the altercations.
> What at first began as peaceful mass demonstrations has sparked sporadic violence, with protestors setting fire to buildings and damaging property
As engineers, we should be more careful about the consequences of what we build. It can be used for the good, or for the bad. What will those engineers think when there is first dead person (either violent protester, pacific protester or policeman)? Will they feel responsible?
Pacific protests are allowed every day. Violent protests with people setting fire to cars, bins, etc; and people throwing rocks or acid to the police must be prosecuted.
Since 2017, the SEPA Instant Credit Transfer protocol is enabled in Europe. Which is basically what FedNow will be.
Multiple apps and banks have built on top of it solutions for consumers and businesses.
I interviewed Bizum, the success story of Spain related to instant payments. Here, "bizum" is a verb. 100% of banks supoort it. Everyone, kids and adults, use it to pay for beers, food or presents https://www.javierescribano.me/bizum/