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Checkbook.io’s Link to Plaid Looks to Bring Verification to Real-Time Payments

Posted by Checkbook on Jan 25, 2021

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Checkbook.io’s Link to Plaid Looks to Bring Verification to Real-Time Payments

As the payments business moves toward faster settlement, verifying payor accounts becomes crucial, yet for non-card payments, “there’s a gap there,” notes Patricia Hewitt, principal at PG Research & Advisory Services LLC, a Savannah, Ga.-based payments consultancy.

How long does a bank transfer take?

Understanding the intricacies of bank transfer times is vital for effective transaction management, whether one is a seasoned banker or new to online banking. Transfer durations vary depending on factors such as the banks involved and the chosen transfer methods.

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