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U.S. Faster Payments Council Releases 2024 U.S. Instant Payments Adoption Quantitative Study

Fintech Finance

Key challenges include the development of ubiquitous fraud prevention tools and end-user interfaces. The study, fielded between July 25 and August 20, 2024, included responses from 25 third-party enablers, such as payment processors, gateways, digital vendors, bankers’ banks, and corporate credit unions, serving 90% of U.S.