Adoption of Person to Person (P2P) solutions and instant payments impact the way Financial Institutions transact payments in the United States. The general release of the FedNow service will continue to accelerate the growth of instant payments. Learn about how existing payment rails, like ACH and cards, are adapting to faster payments and how FedNow and Real-time Payments (RTP) add to the growth of instant payment transaction volumes.
This jam-packed virtual/online session focuses on the following key takeaways:
- Industry growth and adoption of faster payments – Credit Union impact
- Member growth and retention – Expectations and the User Experience
- Use Cases and Participation Roadmap
- Credit union payment strategy – Approaches to incorporating faster payments.
- Operational considerations – Back-end processing, front-end solutions, and settlement impact
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