May 5, 2022
In this part 2 of our payments episode series, host Sonia Portwood sits down with PCBB's Allen Sztukowski to discuss what the future of real-time payments looks like. Including the soon-to-launch FedNow program, anticipated technology and functionality changes, and tips to help you prepare.
Feb 8, 2022
A discussion with PCBB's Allen Sztukowski, an active participant in the efforts to modernize real-time payments, on how the payments space has changed over the years, and what efforts are being made today to modernize it.
Dec 16, 2022
Supply chain issues, lost luggage, and cancelled flights are miseries for consumers who want what they’ve paid for. Faster payment systems can help ease their unhappiness by delivering quicker refunds and compensation.
Aug 25, 2021
The US real-time payments market is expected to reach $4.2B in transaction volume by 2024. With this level of growth, more players are entering the field. Barclays recently partnered with Mastercard to launch a real-time payment system in the UK and Europe. This could be important even to community financial institutions in the US.
Apr 16, 2021
The cross-border payments market is valued at $21T and is growing at a 90% compound annual growth rate. This is one big reason to consider providing cross-border payments to your business customers. We have four more: small and medium businesses are engaging in more foreign trade, they trust their banks for help, you generate more fee income, and you can strengthen your relationship with your customers.
Apr 1, 2021
The Federal Reserve is making good progress on its FedNow Service – it expects to launch it in 2023. Before we know it, 2023 will be here. So, to keep you informed, we are providing you with the program details, ISO specs, program advantages, and some information on the pilot that is underway. Since we are participating in the pilot, we will give you these updates regularly.
Jan 29, 2020
Faster payments are growing in popularity, but so is the opportunity for thieves. What your institution can do to stay safe.