Hong Kong’s name as a business hub gets thrown into question. Where’s the “emergency” in FEMA? Moving money just got a lot faster.
The agency’s acting chief and President Trump’s nominee for the permanent job face questions as recovery from past disasters drags on.
A network that would let consumers and businesses instantly move money around has already been adopted by several big banks. But for it to truly catch on, financial products will have to incorporate the system into their own services.
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