With the launch of the FedNow® Service, instant payments are more of a hot topic than ever before for credit unions. However, before credit unions embark on this transformative journey, it’s crucial to comprehend the impact and ensure preparedness.
In a Callahan-hosted panel discussion, credit union leaders and payments experts (Amanda Ott, Digital Integration Analyst at Veridian Credit Union, Cassandra Tucker, Director of Operations at ABNB Federal Credit Union, Mark Majeske, SVP Faster Payments, at Alacriti and Jeff Bucher, Senior Product Manager, at Alkami) delved into the intricacies of instant payments and what lies ahead for credit unions.