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Payment Transaction Changes causing Banks to Re-examine their Technology
MP3•Episode home
Manage episode 174286426 series 1065080
Content provided by FinTech Podcast by IR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FinTech Podcast by IR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In the next two years, new rules are taking effect that will change the way payments are handled. If you’re paying a bill or transferring money from one bank account to another, it typically takes three days until the transaction is finalized. After the new changes take effect, it will take a matter of seconds. It’s a huge change, and it means that banks are going to have to re-examine their technology to make accommodations.
…
continue reading
26 episodes
MP3•Episode home
Manage episode 174286426 series 1065080
Content provided by FinTech Podcast by IR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FinTech Podcast by IR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In the next two years, new rules are taking effect that will change the way payments are handled. If you’re paying a bill or transferring money from one bank account to another, it typically takes three days until the transaction is finalized. After the new changes take effect, it will take a matter of seconds. It’s a huge change, and it means that banks are going to have to re-examine their technology to make accommodations.
…
continue reading
26 episodes
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