Real Time Payments and faster payments are a top agenda item -- according to a recent survey more than 71% of businesses are ‘very’ or ‘extremely’ interested in RTP capabilities. And it is not just a high priority from the business side -- individual’s expectations are shifting to include faster and real-time payments. This has been a long-time coming, with the widespread adoption of P2P apps like Venmo, Zelle, CashApp, and Big Tech like Facebook adding integrated payment options. However, pandemic trends have created the perfect storm to create an opportunity to advance this even more -- as in-person payments decline. While there is still work to be done to come to a widespread RTP reality, the groundwork has been laid, and the future is coming sooner rather than later.
This session explores the development and adoption of UPI in India, the benefit to consumers and how IT can be used to accelerate payments innovation in the US.
Sanjib Kalita, Editor in Chief of Money 20/20 and Rachel Morrissey, Content Producer at Money 20/20 discuss a variety of immediate and possible effects of the pandemic.
In this session we will explore how non-traditional financial players are utilizing real-time payments, and how banks big and small are creating partnerships to ensure they are not left behind.
As faster payment options come online, customer demand will shift from interest to expectation. This panel of payments experts will discuss the top factors shaping B2B-payments in the US.
We were live with Dion Lisle, Managing Director, FACERE25 to discuss the rich opportunities for the B2B payments space to innovate around some of the biggest pain points in this sector: error-prone data, manual processes and costly inefficiencies.
The promise of 5G is a world of hyper-connectivity in real time - or as fast as our brains can process it. So, what will the convergence of AI, IOT and 5G mean for the future of Financial Services?
"Real-time payments is getting a lot of noise, especially in North America right now … People want things faster than they ever have before. It’s about convenience, it’s about the use case, it’s about benefitting both sides, but it’s also about the that reality people aren’t willing to wait as long for things and efficiency has to be core to how all business is being run, especially in the B2B space."
EVP - North America Product and Innovation