Debit and Alternative Products

Payment Directories: Do They Have a Role to Play in the Adoption of U.S. Faster Payments?

Payment directories are nothing new, but renewed effort has been given to them in consideration of how they could facilitate adoption of faster payments through access to consumer and business account details.

Some see directories as a means to bridge the gaps between payment platforms and create improved interoperability. Others see them creating a threat to data privacy and increasing payment security risk issues.

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