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Zelle nears $1 trillion in transactions, driven by expansion into small business payments. Consumers embrace open banking for speed and efficiency, with millennials valuing connectivity. Galileo and The Bancorp introduce instant payments, benefiting FinTechs and healthcare providers.
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How might Zelle's milestone impact the broader digital payment landscape?
In what ways could the adoption of instant payments reshape traditional banking practices?
What potential challenges could arise from the increasing integration of open banking in the financial sector?
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