by TD Bank at the October 2019 Association of Financial Professionals Conference said they weren't convinced there was a need for RTP in their area, while another 13% said they weren't very knowledgeable about RTP or its value proposition. If firms didn't believe RTP was valuable for them, or didn't understand its benefits, they likely wouldn't adopt it, limiting RTP's reach.
But the pandemic has likely elucidated the importance of RTP to more firms as transactions shift online and people need to quickly transfer funds. Some firms need to pay suppliers in advance to get products during the pandemic, while consumers may have needed to quickly move their stimulus funds, Ledford said, per PaymentsSource.
And because the pandemic may be creating a more urgent need for RTP, it could lead fewer FIs and firms to wait for the US Federal Reserve to launch its own RTP network. The Fed is set to
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tom Brady is selling his highly customized Cadillac Escalade for $300,000 — see inside - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. look like a funeral car In my country this car would be used by Funeral Parlours only 🤣🤣 Looks more like a hearse.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US billionaires add $485 billion to net worth during pandemic: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Most efficient way to fund basic income healthcare through taxes directly on stock market not income tax that can be avoided but kn the trading of shares 50 million shares trade everyday at average of $30 per models show 7% as an optimal amount los billonarios y multimillonarios seguiran siendolo, lamentablemente los que están en el limite de la pobreza también y los que estabamos saliendo del limbo nos dieron un gran empujon hacia abajo...para que? no lograron nada los que nos vamos a infectar lo haremos ahora o luego Thanks for the reminder.
Source: BusinessInsider - 🏆 729. / 51 Read more »