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According to a recent report by Datos Insights, 90% of businesses prioritize instant payments, yet many financial institutions lack the technology to meet growing demand from consumers. In addition to enabling instant payments, cloud-based payments-as-a-service (PaaS) models offer a variety of advantages to financial institutions. These solutions can help them reduce operational complexity, streamline payment processing, lower the total cost of ownership and bring new services to market more quickly.

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