With the announcement in 2019 that The Fed will be implementing FedNow by 2023, the move towards ubiquity becomes inevitable. As more and more companies gain access to RTP through their banks or Third-Party Providers, RTP will significantly disrupt the status quo as both a new payment rail and a new technology. RTP will help drive business payments from check towards account-based payments.
More than two-thirds of executives surveyed for the January 2020 "Making Real-Time Payments a Reality" say they’re “very” to “extremely” aware of RTP, and over 85 percent report that they are now implementing RTP, or plan to, over the next three years.
"But will you be a market leader, a fast follower, or left behind?”
Why Now?
The payments industry is riding a new wave of change to take advantage of new payment systems, technologies, standards, and regulations. In the process, it will create more value for users and providers of payment services. Real-time payments and open banking are two of the most prominent changes in payments and financial services in decades. Everything is moving to a real-time exchange of information and data, and payments are no exception.
Join in to engage in a discussion on how the faster payments phenomenon can enhance:
- Expand your organization’s payment options
- Reduce payment risk (esp. for Third Party Senders)
- Optimize and monetize data (e.g. values, market opportunities, or similar)
Read more about this critical topic in the article "Real-Time Payments – Will You be a Market Leader, Fast Follower or Left Behind"
Who Should Attend:
- Fintech and financial institutions operations, sales, compliance and risk management personnel
- Anyone wanting to learn more about faster payments evolution in the U.S.
- Here first hand case studies of the real-time payments in the E.U. and how U.S. markets can benefit from E.U. implementation