Totally agree - This is HUGE and will be just as applicable with Australia as it will be for the over 10,000 financial institutions which are connected with FISERV ( formerly First Data ) and who's largest shareholder is KKR & Co. ( Kravis , Kolberg and Roberts ) with its approximate 16% holding and one of the most prestigious private equity and leveraged buyout Companies in the entire world and who have also been actively investing in Australia with their many deals including the $2 billion purchase of MYOB with their 550,000 sme users in 2017 as well as Arnotts and one of the largest non-bank lenders in the Peppers Financial Services Group.And so for those who aren't already aware , SWIFT was engaged by the Australian Government and partnered with FISERV back in 2014 to develop and deliver it's NPP ( New Payments Platform ) as per the following excerpt from FISERV :-Australia's New Payments Platform (NPP) will provide Australian businesses and consumers with a fast, versatile, data-rich payments system for making their everyday payments.Fiserv is partnering with SWIFT to deliver part of the centralised infrastructure that will support the NPP, and is poised to partner with institutions to prepare for launch. Are you NPP ready?Here is another couple of Articles which are well worth the read in understanding the overall significance and inter connectivity of this wide ranging Patent approval:-
And this one from the RBA ( Reserve Bank of Australia )
https://www.rba.gov.au/payments-and-infrastructure/submissions/migration-for-the-australian-payments-system/pdf/swift.pdf
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