Faster Payments Tracker - April 2016
The era of waiting days — or even hours — for financial transactions to clear could be drawing to a close. As gaining instant access to funds becomes increasingly (and urgently) important to both companies and individuals, a number of well-known organizations, like Bank of America, are turning their attention to adopting and developing Faster Payments technologies. And based on the number of news items in which BoA itself has played a role in the last month, where the behemoth goes, a bigger story about the importance and significance of Faster Payments emerges.
In this month’s Faster Payments Tracker, powered by NACHA, we’re covering notable stories around the strides being made toward streamlining and accelerating P2P and B2B transactions.
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