> Much of US banking operates almost entirely on this premise and has done so forever.
Not literally. Banks have a lot of automations. The reasons they’re not real-time has more to do with various regulations and technicalities of recourse, not because it’s someone doing semi-manual processing of everything at each bank.
Not literally. Banks have a lot of automations. The reasons they’re not real-time has more to do with various regulations and technicalities of recourse, not because it’s someone doing semi-manual processing of everything at each bank.