Articles & Trend Reports

The Future of Instant Payments: Insights and Projections

Posted on 03 Apr 2024

In 2023, instant payments experienced a significant surge in transactions, along with the introduction of new services and use cases. As we look ahead, the progress and future of instant payments are hot topics.

In a CUInsight-hosted webinar, industry experts Cassandra Tucker, Director of Operations at ABNB Federal Credit Union, Mark Majeske, SVP, Faster Payments at Alacriti, Keith Gray, Vice President, Strategic Partnerships at The Clearing House, and Bernadette Ksepka, Vice President, Deputy Head of FedNow Product Management at Federal Reserve Financial Services, delved into the current state of instant payments, reflecting on the growth and development seen in 2023. Additionally, Cassandra Tucker provided valuable insights from ABNB Federal Credit Union's experience implementing real-time payments, offering lessons learned and best practices for financial institutions.

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