Faster Payments: Does The Fed Have A Hidden Agenda?
PYMNTS
MARCH 18, 2019
First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Then came PayPal’s debut of Instant Transfer to Bank. And finally, that the banks and the card networks are the big losers. as of January 2019.
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