
Half of Investment Platforms Need More Automation
Moving Money at the Speed of Life: Investment Firms’ Payout Gap
The latest report from PYMNTS and Visa Direct shows only 30% of investment platforms plan to add more payout automation within the next year. The report reveals why this investment gap could slow progress toward real-time delivery. The findings are based on a survey of 120 U.S. investment platform executives who oversee payout and disbursement decisions.
Inside the September Report
- More than half of investment platforms across every revenue group say late payouts often lead to customer dissatisfaction.
- Investment platforms want to complete 47% of payouts in real time within three years. Today, only 11% of standard withdrawals arrive within one minute.
- Platforms that use push-to-debit process 23% of payout dollars in real time. Firms that don’t use it process only 1% in real time.
- Only 26% of firms that use push-to-debit report frequent payment status requests. That share rises to 75% among firms that don’t use it.