US payments infrastructure perpetuates financial exclusion, Steps towards an effective economic recovery
Monday 15 February 2021 – Vol.12 Ed.7.1
Commentary: US payments infrastructure perpetuates financial exclusion
By Pierre Ortlieb and Bhavin Patel in London
US institutions have taken divergent, and often contradictory, approaches to upgrading payments platforms. The Office of the Comptroller of the Currency has approved the use of blockchain solutions by banks, while the Fed is developing...