Reality Check: Fact vs. Fiction in Real-Time Payments Fraud

Faster payments are gaining traction, but fraud fears haven’t kept pace with facts. Convinced that speed invites scams, many banks in the United States remain hesitant about fully embracing real-time rails such as the RTP® network and the FedNow® Service. This fear persists—even though it’s outdated. Today’s instant rails offer stronger fraud defenses than checks, […]

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