Center for Payments
OCTOBER 18, 2023
Where do you stand on instant payment implementation compared to your peer institutions? 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?
Center for Payments
MARCH 17, 2023
Take it slow Once your financial institution is committed to embarking on the faster payments journey, you want to be sure you don’t bite off more than you can chew. Updating infrastructure, systems, and processes to send and receive instant payments can be a lot for an organization to take on all at once.
Center for Payments
OCTOBER 21, 2022
There is a significant upward growth trend with RTP as more financial institutions and companies find use cases for instant payments. FedNow is the Federal Reserve’s service to offer similar instant payment capabilities. payments system: ACH, card, check, wire, and now instant payments.
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