BBVA just partnered with Dwolla to enable low cost, real-time payments... http://www.paymentssource.com/news/emerging-payments/bbva-looks-to-dwolla-tech-to-modernize-payments-3019566-1.html This story is behind our paywall, but when I asked BBVA how this relates to the Fed's push for real-time payments, he said there continues to be conversations and they continue to stay as conversations... So they're moving ahead. And then Ben Milne, CEO of Dwolla, summed it up in what I think is a pretty awesome statement: "The conversation around real-time, up until this point, has centered around standards, rules and policy," said Ben Milne, CEO of Dwolla. "There's a place for those conversations, but real-time needs to be thought of as a platform for innovation, to allow developers to stream payments to and from their applications, utility companies to charge for energy by the minute, marketplaces to make disbursements instantly or financial institutions to build new B2B products." Just thought it was worth sending out to the group. :) -B "This communication is intended solely for the addressee and is confidential and not for third party unauthorized distribution"
Received on Thursday, 30 October 2014 16:25:35 UTC