U.S. regs move to update fintech regulation, and India’s mobile banking boom among businesses, The most direct path to faster payments.
| | BUSINESS TO BUSINESS EDITION | The EUâs Failed SME Bank Lending Initiative Two years ago, the EU introduced a new policy that allows banks to hold less cash against their loans when financing SMEs. The SME Supporting Factor, as itâs called, was an initiative championed by the banks and intended to boost SME lending levels. According to the European Banking Authority, it hasnât. Read More... |
| Faster Payments | The Fastest Path To Faster Payments In The US Thereâs one thing that would get faster payments up and running in the U.S. â faster. Kill the Check. Thatâs what Karen Webster says would eliminate a huge source of friction in the payments system today. And she lays out five reasons why we should and what we might do with the billions we would save in the process. Want to join the movement? #killthecheck Read More... |
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