Remove Payments Trends Remove RTP Remove Use Case
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Payment Trends In The United States For 2024

Clearly Payments

Despite these challenges, emerging use cases, increased regulatory clarity, and growing consumer interest suggest that open banking’s future in the USA holds promise for a more competitive financial landscape. Continued eCommerce Growth: The eCommerce sector is set to expand, driving demand for secure online payment methods.

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Deep Dive: How Small FIs Use Third Parties, Gradual Integrations To Guide New Payment Rail Adoptions

PYMNTS

FIs appear well-aware of their business customers’ interest in real-time payments, too. A separate survey found that 92 percent of bank and credit union (CU) respondents expected that implementing the RTP network would “benefit” corporate clients , for example.

RTP
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US Banks Are ‘Conflicted With Worries’ as Demand for Instant Payments Grows; Reveals RedCompass Labs

The Fintech Times

Across much of the world, instant payments have quickly become the norm. However, the same cannot be said in the US. Thirty-four per cent of US banks are concerned about updating their core infrastructure to handle the increased volume and speed of transactions. It’s given banks plenty of reasons not to modernise.

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FPC 2022 Fall Member Meeting

Faster Payments Council

How can we look to this rapidly growing business for new use cases for instant payments? RTP) looks like right now, best practices in implementation, and lessons from the market. What will this look like in the coming years? Looks for designated tables to join the discussion.

FPC