Faster Payments, More Disruptions
from the St Louis Fed
In a recent Regional Economist article, Economist and Research Officer Alexander Monge-Naranjo outlined how digital payment technologies have begun transforming the payments and banking system. Innovation in payment technologies has increased the efficiency and number of mechanisms to transfer funds and has brought about the introduction and adoption of digital currencies. How will these continued innovations in the payments space disrupt the banking system?
Source: http://econintersect.com/pages/contributors/contributor.php?post=202006060512
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