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Real-Time Payments — Banks Move From Faking It To Real-Time Settlement

Por: Forbes Business November 19, 2022

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“Banks and networks have faked real-time by creating a real-time experience even if it is not gross settlement in real-time,” said Jennifer Lucas, EY Americas payments consulting leader. Banks and some payment providers have made payments appear to be real-time because they provide good funds to the recipient even before the payments settle — that’s the way Zelle and Venmo work, although some Zelle payments settle in real-time through... + full article



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