Customers are increasingly demanding real-time movement of cash flows, and both banks and corporations will need to keep pace.
Real-Time Payments represents a game-changing advance in the United States payment industry that will affect both the way payments are made and the expectations of payors, payees and providers.
Edmund Esch and Carl Slabicki discuss BNY Mellon’s involvement with the Real-Time Payments initiative, scheduled to go live in the U.S. in 2017, as well as other initiatives in faster payments that are in development, both domestically and internationally.
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