Deepak Gupta

speaker
304 appearances 1 recordings 1 series first heard Feb 2025 last heard Feb 2025

Deepak Gupta’s voice in public audio — every appearance, attributed to the second.

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Is it integrated to my ERP or my bill pay?
Is it reasonably priced?
How long does it take to get there?
So how complex the implementation is going to be?
Are you offering RFP with it or not?
So I think the definition is different.
And just because the financial institutions think that they have it available doesn't mean that business wants to adopt it very, very quickly.
It has to make sense for them to do so.
So I think the definition is different.
And that's what you're seeing here.
But over time,
they will start to converge over time, and you would see more and more business users would start to see value, and success breeds success.
As more people, as more businesses adopt faster payments, you would see more satisfaction level go up, and you would see more businesses sign up for that.
So I think it's very common when a new offering is offered in the marketplace.
It's very uncommon, not very uncommon to see this.
And, you know, my view is when you combine everybody above 10 billion, you're combining different tiers of banks into one category.
So the way I would think about this is faster payments were adopted mostly in the beginning by the large banks, right?
The largest banks.
And when I say large banks, I'm talking about 75 or 50 billion and above, 100 billion and above, right?
So they adopted it because they have the technology know-how, they have the resources, and some of them built it themselves because they have the resources to build it.
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