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The U.S. consumer has literally thousands of options for financial services given that America has traditional banks, credit unions and FinTech challenger banks of all shapes and sizes.Drew Edwards, CEO of instant payments firm Ingo Money, told Karen Webster in a recent conversation thats how Americans like it 鈥?but one thing all financial firms should offer is a way to get instant payments to customers no matter how people bank. I just dont see Americans all adopting the same thing, pretty much ever, Edwards said. But [consumers] ought to be able to move money instantly to whatever their financial institution of choice is 鈥?pretty much whenever, wherever. He said its not enough to simply have an option that will switch on instant payments for most types of account holders. The system needs ubiquity, where consumers can authenticate themselves a
stanley termos nd then direct the money to any account type they choose.But thats a challenging goal, Edwards added, first because payments are a complicated ecosystem with a lot of moving parts.Second, the U.S. government has a tendency to favor solving access issues with single, one-size-fits-all solutions when what America actually needs is to get modern and just be able to take advantage of the same rails that everyb
stanley de ody does, he said.Case Study For Friction:
stanley website Online Sports GamblingThe rapidly expanding world of online sports gambling offers an interesting illustration of how tricky it can be to get instant payments up and running, Edwards said Edtf Analytics Co RELX Buys Anti-Fraud Startup Emailage For $480M
Australia is moving聽to standardize electronic invoices submitted and sent throughout the country.The Australian Tax Office has pushed for a nationwide standard of electronic invoices after a private-public council approved of the framework for implementing the guidelines, reports said on Monday Aug. 1 . The Australian government is likely to follow sui
stanley cup t by adopting the guidelines that have already been adopted by the retail industry.The retail sector adoption of eInvoicing standards was followed by the launch of the Digital Business Council, which was developed for the sole purpose of creating a national framework of standardizing eInvoices, reports explained. Tax officials soon after commissioned a report into eInvoicing, concluding that standardized invoices could yield $10 billion a year in savings.For government agencies
stanley usa , the savings could top $3 billion, analysts found.
stanley kaufen While a framework for eInvoice standardization implementation was approved by the council last week, policymakers say there is much to be done for a smooth rollout of the standards across Australia.The nation current eInvocing use stands at between 10 and 15 percent, reports said. Adopting eInvoice standards would aim to boost those levels.First, however, eInvoices need to be sent using ISO-approved universal business language specifications and other transport standards, according to reports.The Australian government has not yet committed to adopting the standards but did say that it has
