US Bank: Announced a real-time payment collaboration with Apex
- US Bank announced a real-time payment collaboration with Apex Fintech Solutions to provide greater speed
- Provides clearing and custody services to some of the top online brokerages
- With this real-time payment solution, brokerages using will be able to offer individual investors a more streamlined payment solution
- Enables instant funding of their brokerage accounts and instant disbursement from their brokerage accounts
- Apex has worked together in recent months to develop a tailored solution that will create a frictionless payment experience
- Real-time payments are expected to be available for brokerages using the Apex platform in the third quarter of 2022
