Citi, HSBC back iPiD’s US$16M round to make instant payments safer across borders

Hitting “send” on a bank transfer used to come with a cushion of time. A payment might sit in a queue for hours, sometimes days, giving banks and senders a window to notice a mistyped account number or a suspicious beneficiary. Instant payments have all but erased that cushion. Money now lands in seconds, and […] The post Citi, HSBC back iPiD’s US$16M round to make instant payments safer across borders appeared first on e27.