Deep Dive: How Small FIs Use Third Parties, Gradual Integrations To Guide New Payment Rail Adoptions
PYMNTS
DECEMBER 31, 2020
Recognizing demand is not the same as being able to deliver on it, however, as adopting a near-instant payment rail involves myriad changes. Banks and CUs with the technical know-how may choose to forge direct connections with payment rail providers to get more control over how they use the service.
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