With over 200 credit unions now on the RTP® network, credit unions are figuring out how to integrate these solutions to enhance their member relationships and improve their offerings. So, how can instant payments drive growth, deepen relationships with members and small businesses, and generate new revenue streams?
In this exclusive Callahan-hosted panel discussion, speakers Keith Gray, Vice President of Strategic Partnerships at The Clearing House, and Mark Majeske, SVP of Faster Payments at Alacriti discuss how credit unions can navigate instant payments, focusing on practical use cases, member engagement, and growth opportunities.
Key topics include:
- How instant payments can support financial inclusion by serving underbanked members.
- Specific use cases that credit unions care about, such as loan funding and account verification.
- How real-time payments can be used to drive more deposits and increase loan origination.
- The potential of Request for Payment (RfP).
- Key factors that contribute to the ROI of instant payments for credit unions.
- Ways your small business members can leverage real-time payments to better serve their needs.