Startup Idea: Real-Time Money Transfer Software for Banks
So I work in banking. Being that I am in an entry level job at the moment, I do not have all that much jurisdiction to make decisions. However, I deal with foreign banks all the time and we discuss moving money all the time. The biggest problem with this is that money takes at least 3 days to get transferred from Europe to where I am at. Being in New York and waiting this long is ridiculous in this day and age. We need a software system that allows for real time transfer of money! If we could transfer money much more quickly (like we do with pretty much everything else in today's society), then business transactions would be so much quicker!. I have tried to find a solution for this but again, I do not have that jurisdiction. That is for the higher ups in my bank.