depositors
Big U.S. banks to take on tech rivals with instant payments
March 9, 2016 by creative · Leave a Comment
By David Henry NEW YORK (Reuters) – Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person's account instantaneously by mobile phone. “What we are doing now is delivering payments in real time, which is what our customers have asked for,” Mary Harman, managing director for payments at Bank of America, said in an interview. While technology companies like PayPal Holdings and Facebook Inc…
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Big U.S. banks to take on tech rivals with instant payments