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Graduating To Faster Payments

PYMNTS

Grade schools and colleges could use a massive textbook dedicated to payments – their own. Many schools get an F when it comes to payments, but the culprit might actually be the infernal “paper jam.” The writing is on the whiteboard: School’s out for paper payments. In Q3 2019, credit card issuer JCB International Co.,

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The Fastest Path To Faster Payments In The US

PYMNTS

The path to faster payments in the U.S. doesn’t have to be paved with a 500+ person task force analyzing what the world would look like if we were starting from a clean sheet of paper, competing propositions for who’s going to build and operate a new set of rails, or even what sort of spiffy software can make existing rails faster.

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What’s Fast And Slow And Read All Over?

PYMNTS

Take faster payments. The company that commercialized the idea and consolidated the market to establish the first global faster payments network was Western Union in 1851. The grandness of his vision and success, with a proof of concept, prompted him to reach out to the U.S. government to share his ideas. They agreed.

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