Why Community Bank Execs Can’t Afford to Wait for Instant Payments

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 ICBA-hosted panel discussion, Dan Gonzalez, Vice President, and National Account Director, at Federal Reserve Financial Services, and Mark Majeske, SVP,  Faster Payments at Alacriti,  discuss:

  •     The business case for why instant payments should be adopted now instead of waiting
  •     The latest updates on the FedNow® Service 
  •     The ROI of real-time payments
  •     What community banks should know about operationalizing and monetizing instant payments
  •     How community banks can educate and promote instant payments to customers
  •     Lessons learned from financial institutions that have already connected

 

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