State And Local Governments Wrestle With Faster Payments
PYMNTS
JANUARY 27, 2020
A crowd of FinTechs and challenger banks entering the disbursements space isn’t accelerating adoption to the extent needed, because it’s hard to differentiate them. The Oregon Department of Revenue favors ACH but still mails a ton of checks for its disbursements. Ironically, it’s the paradox of choice that may be slowing things down.
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