3/31/17 - Jeff Stehm Discusses the Technology of Payments
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3/31/17 - Jeff Stehm Discusses the Technology of Payments

Promontory Director Jeff Stehm was quoted in Bloomberg Law on the evolving technology of payments, including payment speed.

Stehm said there is a push from governments around the world to adopt faster payments. National governments are “sending clear signals to the banking industry about the direction they want to head in,” he said.

He added that consumers are expecting speedier processing. “The next generation has grown up with laptops and iPads and smartphones,” Stehm said, “and they get everything instantly.”

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