Past Lessons May Prove Invaluable For US Real-Time Payments Rollout
PYMNTS
MAY 8, 2017
So at the technical level,” continued Hay, “the bank is faced with serious challenges in meeting the response time for instant payments.”. Processing has to be continual — even overnight — and companies have to update their anti-fraud procedures as well. Overall, Hay said real-time payments demand banks “change their way of thinking.”.
Let's personalize your content