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With demand from consumers and businesses for faster payments firmly established, financial institutions recognize the need to act, but where do they stand on implementation planning? To find out, the Center for Payments, a collaboration of ten Payments Associations helping their members keep pace with the continued evolution of U.S.
However, regardless of how corporates adopt faster payment technologies, many experts agree that the acceleration of payments in the country will have profound effects on the broader financial services space, and those changes are likely to impact how companies manage money and operate in a new ecosystem of payments innovation.
The Center for Payments is proud to be a Silver Sponsor of Nacha’s Smarter Faster Payments 2023 conference in Las Vegas, Nevada, happening April 16 – 19. Professional development, exam preparation, and continuing education are central to the mission of the payments associations that collaborate as the Center for Payments.
The Payments Associations that sponsor the Center for Payments provide expertise, collaboration, and support to financial institutions and fintechs to create and maintain safe and secure payment channels that empower all consumers.
Check with your Payments Association to make sure you understand – and take advantage of – the full range of professional development that they offer. The post Professional Development and the Payments Association Role appeared first on Center for Payments.
Payments Associations provide faster payments town halls, training, education, and resource materials specifically geared toward their financial institution members. Faster Payments Council, Payments Associations will be offering a Faster Payments Professional certification.
And don’t forget to get involved with your Payments Association to explore education and networking events. The post Growing Opportunities for a Career in Payments appeared first on Center for Payments.
The post Natural Disaster Planning for Financial Institutions appeared first on Center for Payments. Our teams, depending on your location, are ready to help you prepare, implement a plan, and guide your organization through a recovery effort when needed.
The Payments Associations nationwide offer education, risk management, and other resources that help financial institutions bolster their payments business continuity plans and protect their customers and members, thereby contributing to a more secure and resilient payments landscape.
The post ‘Tis the Season for Fraud: How to Keep Your Holidays Scam-Free appeared first on Center for Payments. This holiday season, savor the joy and togetherness by ensuring scammers don’t steal your holiday cheer!
Financial institutions have many resources available to them to help protect their customers or members as well as their employees, including education and other support from their payments association and organizations including the Federal Trade Commission and CFPB.
Department of Health and Human Services (HHS) also has a Payment Management System, which is a centralized grant payment system managed by the federal government. The Program Support Center for Payment Management Services (pms.psc.gov) serves as “a fiscal intermediary between federal awarding agencies and award recipients.”
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