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Interesting to learn about the history but why aren't they pushing funds today? It's technically all possible and presumably would have less fraud? Or in other
by mousetree 4y ago
Interesting to learn about the history but why aren't they pushing funds today? It's technically all possible and presumably would have less fraud? Or in other words, why do most of the rest of the world favor pushing funds through their ACH-equivalent systems?
- hx833001 4y agoThis requires a new payment system. That’s why there’s RTP from The Clearinghouse and upcoming FedNow. US is late to the game on instant payments.
- mousetree 4y agoNo, my point is that it doesn't require a new payment system to enable this. ACH very much supports pushes.
- deleted 4y ago[deleted]