Faster payments: Industry seeks modernization

Why can’t consumers and business managers send and receive payments as easily as they can send and receive email messages?

That’s a question Kevin Christensen has been pondering for some time. Christensen is vice president, risk and financial services, for SHAZAM, the Johnston, Iowa-based electronic funds transfer company. Along with Bob Steen, CEO of Bridge Community Bank, Mechanicsville, Iowa, and Tina Giorgio, president/CEO of ICBA Bancard & TCM Bank, Christensen participated in a panel discussion on payments at the annual convention of the Community Bankers of Iowa in Okoboji on July 21, one day prior to the . . .

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