Remove Interoperability Remove Same Day ACH Remove Venmo
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Solving for the Interoperability Challenge

Faster Payments Council

While we're well on our way to establishing a thriving faster payments ecosystem, we recognize we're still missing a key factor that can contribute to achieving ubiquitous faster payments: interoperability. 53% of respondents expressed the lack of interoperability as a key barrier to faster payments adoption.

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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

The increased use and adoption of P2P technologies, like Zelle and Venmo, demonstrates the consumer demand for this type of frictionless payment option. There are many “flavors of fast” across interoperable systems, like Same Day ACH transactions, real-time payments and several daily settlement windows available from the FED.

C2B
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Time, Really, for Real-Time Payments?

PYMNTS

The last real change to payments as a system came in the 1970s, when ACH made its debut in the United States and payments as an industry still operates through what she termed “a batch process.”. For CGI’s own clients, as the U.S. For CGI’s own clients, as the U.S.