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Pay It Forward

Tags » Financial Regulators

Bank Systems & Technology Online interviews Patrick K. Barron, First Vice President and COO, Federal Reserve Bank of Atlanta, about his views on treating payments as the business that it really is.

Banks can no longer approach the payments system as an afterthought. It's not that banks have totally neglected payments, but I'm trying to get banks to recognize how fundamentally important the payments system is to every other line of business within the organization, and why it needs a strategy in and of itself.

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