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In Sluggish Payments, Who’s To Blame: FIs Or SMEs?

PYMNTS

The culprit behind the lag time for a transaction to show up on a bank statement, he said, has to do with the array of payment tools that small businesses are using, each with their own journey within the banking system. After all, if an SME is frustrated at the speed at which a paper check clears, then why not stop using checks?