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Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.
In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.
Indian mobile payments and financial services startup instantPay has raised about $5m in a pre-Series A round of funding. The capital comes from RB Investments and Kaleden Holdings.