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Payments

Major institutions including Wells Fargo, BNY Mellon and HSBC are involved in the “proof of concept” project
According to Sam Yen, most residences today state that the reason they still have a checkbook is to simply pay the rent
By putting the customer experience at the forefront of their payments strategy, banks can create a thriving and innovative business
The Omaha bank is leveraging financial technology to streamline business banking services
The payments company is running a pilot project with blockchain group Paxos
New research indicates significant rapid growth in the BaaS sector as new entrants and partnerships continue to be announced
Several new research papers have set out the expected growth of online, digital and other alternative payment methods
Never before has there been such demand from consumers for instant fulfillment on transactions
The FedNow payments system is scheduled for rollout between May and July next year
We’ve all seen this movie before: Consumers discover a new way to buy more things in installments

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