The U.S. has been a bit behind the rest of the world when it comes to real-time payments. However, adoption is now growing rapidly, with the benefits now being well understood. When making the case for real-time payments, questions about potential revenue generation and the benefits beyond speed must be answered.
On a 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 discussed how financial institutions are winning with instant payments.
