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The demand for faster payments is growing as companies look for swift, data-rich ways to transact. One study from 2019 found that 54 percent of 120 financial executives listed real-time payments as one of the most impactful emerging technologies, for example. Banks and CUs have options for how they make these upgrades.
The company wrote in a blog post , “Earlier this month, we became aware of unusual activity involving a third-partyserviceprovider.” They could let more than one participant contribute and also include features like tracking capabilities, desktop/mobile-friendly interfaces and automated recurring payments.
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