Is it realistic to realize this project within the planned time frame? What happens if the initiative is delayed? Time is pressing, particularly due to the increasing competitive pressure from FinTechs on the one hand and from Internet companies such as Google and Facebook on the other. Almost all of them already have a banking licenseand there is much speculation about their use.
The Süddeutsche Zeitung interviewed Enrico Moritz, Manager Business Development and Consulting at afb, who has been working on the topic of real-time transfers for several years.