Payments are evolving rapidly, and with the rise of real-time and same-day payment rails, processes that once operated behind the scenes—such as account verification—are now becoming critical to both risk management and customer experience. Legacy validation methods, built for slower settlement cycles, are increasingly misaligned with a payments environment defined by immediacy and minimal tolerance for friction.
In a Bank Director–hosted webinar, Crafting a Successful Commercial Payments Strategy, Paul Steinbrecher, Director of Payments Consulting, and Neeraj Gupta, then SVP of Product Management at Alacriti, explored how financial institutions can rethink their commercial payments strategies to better align with these shifts. The discussion examined how instant payments are reshaping commercial payment expectations, the limitations of outdated infrastructure, and the role of modern technologies—including Request for Payment (RfP) and Banking-as-a-Service (BaaS)—in enabling new use cases, strengthening client relationships, and positioning payments as a strategic driver of growth.
To access the full article, submit the form on the right.
