US Banks Are ‘Conflicted With Worries’ as Demand for Instant Payments Grows; Reveals RedCompass Labs
The Fintech Times
MAY 7, 2024
The existence of Zelle , Venmo , Cash App , PayPal and other wallet services has dampened US Banks’ appetite for implementing instant payments, with 50 per cent feeling a lot or significant impact. Nearly all (98 per cent) experienced some form of impact. Hewson also added: “There is no going back.
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