
April 22 | 3 - 4:00 PM ET
Credits: CTP/CCM: 1.2 | FPAC: 0.0 | CPE 1.2 | CPE Field of Study: Specialized Knowledge
Learning Objectives
- Understand the factors hindering the adoption of instant payments in the U.S. and reasons why that could change in the future.
- Understand the key differences between instant payments and traditional legacy payment methods.
- Examine the adoption of instant payments through use cases.
Webinar Description
Instant payments are projected to surge in the next five years in the United States, but what will be the catalyst that prompts businesses to finally start to adopt them en masse? With both Real-Time Payments and FedNow increasing their payment limits, The Clearing House and the Federal Reserve expect businesses to begin making immediate, high-value payments. But is there truly a need for massive payments to clear instantly? And is it safe to do so? In this webinar, we’ll explore the current instant payment options available, why legacy payment methods persist, and potential B2B use cases that could ultimately allow instant payments to break through to the mainstream.
Speakers
Andrew Deichler
Director, Payments Practice
AFP
Amy Smith
VP, Membership Services & Education
The Clearing House
Jim Gilligan, CTP, FPAC
Senior Advisor, Redbridge Debt & Treasury Advisory
Kammy Tsang
Former Head of Treasury Strategic Initiatives
Uber