I actually think it reduces the risk to have the closed-loop private network. For clarity, the direct connection is called an API, or an application programming interface that we have to the financial institution, through which all transactions flow. The sending institution—your bank, for example—would vet that you have the funds available and then send it in real time across our payment infrastructure to the receiving institution, and we would be able to facilitate those transfers. I do believe the direct connection reduces risk. We can monitor and manage the system appropriately.
On April 8th, 2019. See this statement in context.