Remove Instant Payments Remove NCUA Remove Underserved
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FPC 2022 Fall Member Meeting

Faster Payments Council

Regulators encourage these efforts to educate and set a high bar, as evidenced in public commentary by NCUA board member and former chair Rodney Hood. How can we look to this rapidly growing business for new use cases for instant payments? What will this look like in the coming years?

FPC 88
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TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. CUs are expanding their reach to previously underserved marketplaces, too, thanks to a relaxation of hemp-related laws.