Crypto is forcing banks to innovate for the first time in 40 years

Transfers can be made at any time of the day. US banks are working to create the same system. Crypto's are proving to banks that transactions are capable of moving at instantaneous speeds, forcing the banks to innovate. Yesterday morning, several banks in Australia started rolling out a new payment system they’re calling NPP, or “New Payments Platform.” Until now, sending a domestic funds transfer in Australia from one bank to another could take several days. It was slow and cumbersome.See...