The pandemic accelerated the need for faster payments, increasing both consumer demand for alternative payment options and the need for adoption by financial institutions. To illustrate, The Clearing House saw their RTP® network reach grow to over 57% of U.S. DDA account balances in December. The U.S. Faster Payments Council took large steps in addressing the problem of interoperability, which is a huge challenge for real-time payments in the U.S. to reach ubiquity.
In this educational webinar, speakers from The Clearing House, U.S. Faster Payments Council, and Alacriti discuss:
Trends that will define payments in 2021
Why your institution should offer real-time payments and the top use cases consumer and business clients expect
Where to start and next steps for your real-time payments strategy
What to do if your existing system does not support faster payments and how to modernize quickly and cost-effectively, and more.
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