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Micron Technology's decade long partnership with HSBC has proven pivotal in solving the data storage producer's issues around high-value payments processing, a complicated process that is performed to a strict time-limit.
The successful processing of these critical payments has not only strengthened the consultative relationship between the two organisations, but underlined what can be achieved through collaborative working.
The 2019-20 Journeys to Treasury Report suggests that that strong regulatory pressure and rising consumer demand are laying the foundations for the standardisation of real-time payments, a reality that treasurers must play an active role in preparing for.
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