Why payment apps don’t yet pay

Outdated legal barriers and licensing laws are unsuited for payment apps, and the markets that provide them.
Why payment apps don’t yet pay

CFOs and treasurers are bombarded by the offerings of many banking apps that can help them approve payments, factor receivables, and manage FX. The tools are becoming widely used by treasurers in Asia-Pacific. HSBC recently announced its customers had authorized $3 billion in payments to date in Asia-Pacific via its mobile app.

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