How Corporates Are Driving US RTP Adoption
Adoption of real-time payments in the U.S. has been slow, particularly compared to other markets like the U.K. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena.
But Bottomline Technologies, which recently announced its collaboration with Starling Bank in the U.K. to connect corporate's directly to the U.K.’s Faster Payments Scheme via their Real-Time Payments Express Service, acknowledges the opportunity that faster and real-time payments have in the corporate realm.
The payment landscape is changing and banks
should prepare for PSD2.
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