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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?
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.
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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