Business-to-consumer and person-to-person funds transfers delivered to a recipient’s debit account in 30 minutes or less is a rapidly growing business for Visa and Mastercard. The U.S. is the first region to show significant volumes of these near real-time transactions, which began in 2016. Last year, transactions exceeded 1.50 billion. Even the largest banks participating in Visa Direct and Mastercard Send were not able to accurately track these transactions until mid-2019 because the capability to do so had not yet been built. Of the 100 largest debit card issuers in the U.S. ranked in ...