As real-time payments continue to grow and evolve, the convenience for businesses and financial institutions is already well known. However, when making the case for real-time payments internally, questions must be answered, such as: how can revenue be generated? And what are the benefits (beyond just being faster)?
In this BAI-hosted panel discussion, Reed Luhtanen, Executive Director at the U.S. Faster Payments Council (FPC), Keith Gray, Vice President, Strategic Partnerships at The Clearing House, and Mark Majeske, SVP Faster Payments at Alacriti discuss:
- What the FPC is hearing from corporates, and what they would like to see
- Business use cases for real-time payments
- New data from the RTPⓇ network regarding usage
- The economics and evolution of instant payments regarding use cases
- Recommendations for planning for 2023
