Plano Workshop | 10 a.m. - 2 p.m. | Lunch included
Catalyst Corporate FCU | 6801 Parkwood Blvd., Plano TX 75024
The general release of the FedNow service is another springboard in the adoption of faster payments in the United States. Learn how your credit union can prepare - and - participate, in faster payments from credit union leaders and subject matter experts. This workshop will provide you with the tools to develop a payment strategy that incorporates faster payments. Understand how existing payment rails and new instant payments through FedNow and Real-time Payments (RTP) can provide a holistic payment solution to address various use cases and expectations from your members.
This half-day, in-person workshop will include the following key takeaways:
- Latest developments in the industry – Understanding the competition and how you can compete. The Credit Union Impact.
- Developing a payment strategy based on use cases, participation roadmap alternatives and options. Credit Union Approach and Strategy.
- Best practices and case studies from peer credit unions adopting faster payments.
- Operational Considerations – Back-end processing, front-end user experience, settlement, and liquidity challenges, 24X7X365 operational capabilities, and incorporating faster payments into a holistic payment solution.
- Key considerations for credit unions and next steps to evaluate at your institution.
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