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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. And finally, that the banks and the card networks are the big losers.

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Bridging The Gap Between Appearance And Reality Of Instant Payments

PYMNTS

Nobody cares what rails are going to be used any more than I care when I call you up on the phone what wires and satellites carried the signal to you,” Edwards said. On the front end, funds are pushed to the end consumer and are possibly even available for instant use. Consumers, not so much.

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The Roil Over B2B Payments Rails

PYMNTS

Rails and railroads, Buffet wrote in Berkshire’s 2016 Annual Letter, are four times as fuel efficient as trucks , requiring only a single gallon of diesel fuel to move a ton of freight 500 miles. Largely immune to external threats like weather, driver fatigue and driver shortages, railroads can also mitigate delivery delays and uncertainty.

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Why Regulators’ War On Fees Will Kill Consumers

PYMNTS

Wired magazine blazed “Free! And that is the very tricky, very nuanced, but very important – part of making these very complicated multisided platform models actually work as real businesses rather than a venture funded experiment that is destined to fail. Free” has become the siren song of Silicon Valley now, too.