Payments News

MAG CEO, Mark Horwedel, Article in Digital Transactions, “COMMENTARY: Why Big Banks Shouldn't Own the Road to Faster Payments”

Mar 31, 2017
Lately, the Federal Reserve Board has been shepherding a cross-industry effort to build a faster, more efficient, and more secure payments system in the United States. As that commendable effort heads into its home stretch, one big question stands out glaringly, but has largely gone unaddressed: How much influence should the nation’s big banks have in putting this faster-payments scheme together?

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