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Will banks win or lose in the new generation of digital wallets? americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
The banks that own Zelle face long odds in displacing Apple Pay and Google Pay, but the effort could help build the infrastructure for a new account-to-account payment system, some experts say.
The loyalty tech provider aims to bypass credit card networks with an account-to-account payment option leveraging faster payment rails. Observers say it faces long odds for mass adoption.