Fri.Jun 11, 2021

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Valutico wins SelectUSA Fintech pitching competition

Valutico

???????? Proudly announcing the 2021 SelectUSA Tech Pitching winners – our very own Austrian start-ups Tonio – tone with information for E-Commerce and Valutico for FinTech! What tremendous successes against fierce competition from more than 2??0??0?? start-up competitors worldwide. Congratulations Florian Novak , Stephan Karner , and Paul Resch, CVA for your innovative solutions are clearly poised for success in the U.S. market!

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Real-Time Payments

Essentials of Corporate Finance

Many of you are probably familiar with near instantaneous money transfers using Venmo or Paypal. And while we discussed next-day ACH transactions in the textbook, in 2017, an interbank payment system was unveiled, the real-time payment (RTP) network. While only 130 banks out of the more than 9,600 financial institutions in the U.S. have adopted the system, these adopting banks cover 60 percent of demand deposit checking and savings accounts.

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