Ebury partners with Form3 to deliver instant payments in Canada via RTR
What's happening
Ebury has partnered with Form3 to enable instant payments in Canada using Payments Canada's newly launched Real-Time Rail (RTR). RTR, which launched Nov. 9, is a 24/7 payments infrastructure that uses ISO 20022 messaging to speed money movement and support richer transaction information. Wealthsimple is among the early adopters bringing RTR to market, and Canada and the EU have also agreed to explore linking their instant payment systems to enable faster cross-border transfers.
Why it's trending
RTR just launched and players are racing to plug in, partnerships like Ebury+Form3 turn the rail into live services for customers now.
SignalHolding at its usual pace, confirmed across 2 independent source types.
Story volume
Stories per dayAngles you could write
Most cross-border fintechs talk about rails; Ebury just plugged Form3 into Canada's RTR and shifted from planning to instant payouts, that changes the competitive map for Canadian business payments.
+2 more angles for this topic with an account — all it takes is your email.
Original sources9
- Canada Launches Real-Time Rail for 24/7 Payments
Canada has officially launched its Real-Time Rail Monday (Nov. 9), introducing around-the-clock payment infrastructure designed to accelerate money movement, improve cash flow management and give financial institutions and payment providers a platform for developing new services. The system uses the ISO 20022 messaging standard to support richer transaction information and is designed to give busi
PYMNTSNov 9 - Payments Canada Launches Its Real Time RailDigital TransactionsNov 9
- Payments Canada announces launch of Canada's Real-Time Rail (RTR) payment systemHackerNewsNov 9
+6 more sources for this topic
Create an account to follow the full coverage in the live radar.
More rising in Fintech
- Anthropic Invites Banks to Help Shape Personal Finance OfferingsSteady1.0Steady1.0 momentum
- Coinbase Gets Approval to Operate as a Nationally Chartered Trust BankClimbing3.3Climbing3.3 momentum
- Banks should play up human touch to stand out in AI era: fintech CEOSteady0.8Steady0.8 momentum
- ICYMI fintech funding round-up: Sporta, Crediflow AI, Pathfinder, and moreSteady1.1Steady1.1 momentum
- Binance Reports Hackers Infiltrated Systems for Months Before Stealing $6.34 BillionClimbing3.3Climbing3.3 momentum
- Fintech Revolut launches New Zealand bank with NZ$120 mn investment planClimbing1.7Climbing1.7 momentum