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Does Everyone Win With Faster Payments?

PYMNTS

The reason faster payments is so important, Proto said, is because the four major quadrants of the payments industry — P2P, B2B, B2C and C2B — are all beneficially impacted when it comes to the expedited movement of money and data. That’s revolutionary,” he said.

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Faster Payments: Does The Fed Have A Hidden Agenda?

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Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. and one of two operators of the ACH network in the U.S., TCH is the association of the 25 largest banks in the U.S., the other being the Fed.

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Adobe On How Regional Payments Enable Global Growth

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American workers are often paid every two weeks, for example, with money traveling through the ACH network, which can take a few days to settle. Europeans, by contrast, are paid once per month.