Your funds will be made available immediately
Jun 12, 2019

Your funds will be made available immediately

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.

Segments From this episode

FEMA officials in the hot seat over disaster preparedness

Jun 12, 2019
The agency's acting chief and President Trump's nominee for the permanent job face questions as recovery from past disasters drags on.
Activists rally in support of Puerto Rican families displaced by Hurricane Maria, on the steps of City Hall, April 19, 2018 in New York City.
Drew Angerer/Getty Images

Moving money around is a glacial process. That could change.

Jun 12, 2019
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.
A customer uses an ATM at a Wells Fargo Bank office on February 07, 2019 in San Francisco, California.
Justin Sullivan/Getty Images

Music from the episode

Red-Eye The Album Leaf

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer