Assessing the Future of Real-Time Business Payments posted 09/20/2023
Featuring: Tony Hayes, Banking & Payments Group and Adam Johnson, Barlow Research Associates, Inc.
With the official launch of the FedNow network for real-time payment capabilities, many questions have been raised about the future of real-time payments within the business banking environment. While industry support and participation continue to gain momentum, business customer adoption of real-time payments must follow for FedNow and other real-time solutions to take root. Financial institutions with a clear understanding of their business customers’ needs will be set up for success.
Join us on Friday, October 6th for a discussion with business payments expert Tony Hayes regarding the current landscape and the road ahead for real-time payments.
In this session you will learn:
- How businesses currently issue and accept payments most often
- Drivers and barriers for adoption of real-time payments
- Price sensitivity and expectations for converting to real-time payments
This discussion is designed for anyone involved in small business banking, relationship management, branch management, sales and sales management, marketing, market research, risk management or line of business strategy.