In this CUBroadcast-hosted discussion, speakers Mark Majeske, SVP of Faster Payments at Alacriti, and Steve Douglass, Vice President of Business Development at The Clearing House tackle the most common myths surrounding real-time payments and separate fact from fiction. Topics include:
- Send vs. Receive: What does signing up for Send and Receive mean for the implementation timeline?
- Request for Payment (RFP): What is the real adoption timeline and potential use cases?
- Business vs. Consumer Transactions: What do trends indicate about monetization opportunities?
- Operational Readiness: How disruptive are instant payments for existing processes?
- Fraud Risks: How does faster money movement impact fraud risk?
- Revenue Impact: Are real-time payments replacing wires?
