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Banks’ Uncertain Real-Time Payments Strategy Brings Challenges To FinTech Firms

PYMNTS

The uncertainty around how, exactly, businesses will adopt faster payments could play a role in how banks are or aren’t establishing a clear road map for launching real-time payment services. ” There are other imbalances in banks’ RTP plans for B2B payments, too. A recent survey of 20 of the top 60 U.S.

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Ready Or Not, Faster Payments Will Impact Corporate Operations

PYMNTS

The obvious assumption in the business-to-business (B2B) landscape is that faster payments are not only unnecessary, but unwanted, as corporates don’t necessarily need to move money immediately. Still, others have said that B2B payments should be largely left out of the faster payments conversation.