Payments Hub Comparison Template: How to Evaluate Vendors

Posted on 06 Sep 2023

The term “payments hub” has evolved from referring to the consolidation of systems supporting Fedwire and ACH processing to now also include real-time payment rails (e.g.. The Clearing House’s RTP® network and the FedNow® Service), as well as reverse debit networks such as Visa Direct. So how should financial institutions evaluate the payments hubs available in the market?

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