Articles & Trend Reports

Unlocking Real-Time Payments Strategy and Technology

Posted on 24 Jan 2024

With today’s expectations for immediacy, it’s crucial for financial institutions aiming to lead the industry to apply real-time solutions effectively. No matter the size of the institution, each needs a unique strategy for modernization. A key element of this strategy is the integration of instant payment systems, which are becoming increasingly vital across all levels of the financial sector.

In an American Banker-hosted webinar, Jim Colassano, RTP Product Management, at The Clearing House, Jim Maimone, SVP, Senior Payments Solution Consultant at Citizens Bank, and Mark Majeske, SVP of Faster Payments at Alacriti, discussed technology enablers for real-time payments, clearing rules and message specifications, and customer support challenges in a real-time environment.

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