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Ready Or Not, Faster Payments Will Impact Corporate Operations

PYMNTS

Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. Still, others have said that B2B payments should be largely left out of the faster payments conversation. “Our [payment] systems are looking at 24/7/365 solutions.

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Center for Payments Survey: The State of Faster Payments in the US

Center for Payments

With demand from consumers and businesses for faster payments firmly established, financial institutions recognize the need to act, but where do they stand on implementation planning? payment systems, launched a nationwide survey earlier this year to assess FIs’ readiness for and interest in instant payments.

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An Imminent FedNow? Launch: Three Considerations for Your Financial Institution to Support and Encourage Readiness

Center for Payments

There are considerations and steps to contemplate and take to help ensure your institution is ready – at any time and stage – for your faster payments journey. Don’t get comfortable First, it is critical that financial institutions keep pushing the envelope toward faster payments solutions.

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