The payments landscape is changing rapidly. Driven by evolving customer expectations, new technology, non-bank competitors, and rising transaction volumes, the time is now for banks and credit unions to innovate. New technology like real time, open APIs, and cloud banking are helping to meet customer demand, while providing speed, convenience, and decreased cost.
Cosmos Payments can help banks and credit unions accelerate the adoption of new technology, simplify payments operations, and grow their businesses by consolidating all payment types on one system. Cosmos is an end-to-end solution that automates payments through initiation and settlement, enabling financial institutions to unify payment processing into one system for TCH’s RTP® network, ACH, the Fedwire® Funds Service, Visa Direct, and soon, the FedNowSM Service.
06 Oct 2021 Articles & Trend Reports The Speed of Money: Why It Matters for Financial Services Professionals Customers are increasingly demanding faster money movement.