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Payments Modernization Update: What FedNow, Nacha, and TCH Updates Mean to Your Payments Strategy

Posted on 10 Mar 2021

 

The Clearing House RTPⓇ network is gaining transaction volume. FedNow recently said they are on track to go live in 2023—which is earlier than many expected. Nacha is launching new requirements for ACH. So, what does this mean for your organization's 2021 plans? And how does this affect payments modernization overall?

In this educational webinar presented by Mercator Advisory Group on March 24, at 2:00 p.m. ET, Sarah Grotta, Director, Debit and Alternative Products Advisory Service at Mercator Advisory Group, and Mark Ranta, CTP Payments Practice Lead at Alacriti, will discuss:

  • The recent speed of change in payments, including real-time payment adoption
  • Payments types FIs plan to add and their IT spend trends
  • Chief concerns reported by executives regarding payment trends
  • Update on market demand for faster payments
  • Payment types at risk of losing market share due to faster payments
  • Security and risk of the RTP and faster payments market
  • Faster payments use cases
  • Forecasts for interoperability of real-time payment networks and cross-border scenarios
  • Next steps to consider on your payments modernization progression

Watch the Playback

 

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About Alacriti

Alacriti is a leading financial technology company dedicated to helping our clients accelerate their digital payments transformation.

Alacriti’s cloud-based platform, Orbipay, delivers solutions across the payments ecosystem, including The Clearing House’s RTP network, Electronic Bill Presentment and Payments (EBPP), and Digital Disbursements. Through our cloud-native platform, Orbipay, our solutions empower clients to deliver the innovative digital payment experiences today’s consumers demand. In addition to driving modern and frictionless digital payment experiences, our clients benefit from faster time to market and continuous innovation on a proven platform.