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Center for Payments Survey: The State of Faster Payments in the US

Center for Payments

Where do you stand on instant payment implementation compared to your peer institutions? 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?

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Ready Or Not, Faster Payments Will Impact Corporate Operations

PYMNTS

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.

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Growing Opportunities for a Career in Payments

Center for Payments

by Kim Bickford, Senior Vice President, Operations, Wespay If growth and opportunity are energizing words to you, a career in payments may be right up your alley. The payments industry is quickly evolving and is increasingly dependent on technology. FedNow is the Federal Reserve’s service to offer similar instant payment capabilities.

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An Imminent FedNow? Launch: Three Considerations for Your Financial Institution to Support and Encourage Readiness

Center for Payments

By looking beyond current offerings to new faster options like FedNow that meet customer demands, financial institutions can respond to today’s needs and continue to evolve as the industry progresses. Updating infrastructure, systems, and processes to send and receive instant payments can be a lot for an organization to take on all at once.

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