Whats the Right Level of Friction for Pay-by-Bank?

Joining FinextraTV at Payments Unleashed in London, Dean Wallace, Director, Consumer Payments Modernisation, ACI Worldwide discussed the evolution of pay-by-bank and some of the current obstacles. Wallace provided context to the growth, describing how many have tried to get rid of cards and pay-by-bank is perhaps the most succesful, but is still not an aggressive threat, given how ingrained cards still are. Looking at multi-rail environments, Wallace explains that the way that banks or cooperati...