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A comment on How U.S. Banks Took Over the World. Parent comment

Re:How U.S. Banks Took Over the World by toomanybeersies on Wednesday September 04, 2019 @11:39AM (#20878213)
Last I checked, inter-bank transfers in NZ were hourly now. They're instant with Osko payments in Australia though, which is nice, and they include identity validation too. Paywave/paypass is also almost universal in Australia too, when I went back to NZ a couple of weeks ago it was noticeable how many shops didn't accept contactless payment.
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Re:How U.S. Banks Took Over the World by AmericanChopper on Wednesday September 04, 2019 @04:54PM (#20881311)
> Last I checked, inter-bank transfers in NZ were hourly now

Depends on the bank, I think most of the big ones do. Some still do overnight. But remember, that’s on each side of the transaction, so a transfer between banks that settle hourly can still take a few hours.

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