Tech layoffs more than double in Bay Area

Re:Tech layoffs more than double in Bay Area by douche on Friday May 13, 2016 @06:14AM (#11689538)

10 minutes seems like the blink of an eye next to how long it takes money to show up in my bank accounts from ACH or wire transactions. Usually it's at least two days, sometimes three or four - apparently computers take bank holidays too...

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Re:Tech layoffs more than double in Bay Area by ropiku on Friday May 13, 2016 @06:36AM (#11689588)

But that's only the US. UK/EU has shown that you can have instant free bank transfers.

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Re:Tech layoffs more than double in Bay Area by majewsky on Friday May 13, 2016 @08:48AM (#11690063)

Hue? I'm in Germany, and SEPA transfers usually show up in the recipient's account on the next business day.

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Re:Tech layoffs more than double in Bay Area by foldr on Sunday May 15, 2016 @05:52AM (#11700194)

Transfers are instant in the UK now, and have been for a few years.

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Re:Tech layoffs more than double in Bay Area by plafl on Friday May 13, 2016 @09:28AM (#11690266)

Same in Spain

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Re:Tech layoffs more than double in Bay Area by grey-area on Saturday May 14, 2016 @12:16PM (#11696752)

Faster payments transfers take seconds, and debit/credit cards usually under 1 second. Those are the competing technologies.

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