Items include
- 3 Whitepapers
- 2 Podcasts
- 16 BID Newsletters
faster payments
Whitepapers
As the FedNow Service grows in momentum, we sat down with PCBB's COO - a payments expert and FedNow Service task force member - to understand how the service was developed, and what institutions should be doing now as they consider implementing.
Your customers aren’t going to wait for faster payments. The ability to clear and settle payments in real time provides money management flexibility and full access to immediate funds. Understanding the payment options available to you and how to get started implementing them can help pave the way to keep customers happy.
Cross-border payments are changing and business owners expect to transfer money quickly. Swift GPI allows community financial institutions to meet their customers’ needs and generate additional fee income for their institution.
Podcasts
In this episode of Banking Out Loud, Fiserv payments experts Paul Sullivan and Justin Jackson join PCBB’s payments expert Sheila Noll to discuss the rapidly evolving faster payments landscape. Their conversation touches on the importance of strategic thinking and collaboration with partners, while also driving home the need to view faster payments as an opportunity to better serve customers and differentiate your institution.
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.
Many small businesses still use paper invoices and checks, slowing cash flow and raising fraud risk. Integrated e-invoicing with ACH, RTP®, and FedNow® Service helps CFIs modernize receivables and deepen relationships.
CFIs can modernize wire operations without sacrificing control. Integrating automation, ISO 20022 standards, and strong risk governance can help boost efficiency, visibility, and compliance while maintaining customer trust.
Instant payments are accelerating, with RTP® and the FedNow® Service gaining traction. Learn why demand is surging, how adoption is shifting, and what it means for CFIs looking to stay competitive.
The Federal Reserve announced a new use case this fall for the FedNow Service® — instant federal disaster relief. We discuss how CFIs and their customers could benefit from receiving such payments.
Per tradition, we're looking back on our top articles of the year to BID goodbye to 2025. As federal payments shift to faster digital methods, CFIs can support SMB clients by modernizing payment tools, encouraging digital adoption, and delivering real-time capabilities that meet evolving business expectations.
Many businesses still rely on checks for B2B payments. We discuss how CFIs can support check usage among their SMB customers while promoting the adoption of modern payment methods.
CFIs face a fast-approaching deadline for Swift’s ISO 20022 migration this November, requiring preparation and system updates. We outline key steps, training, and communication tips for a smooth transition.
The July 14 ISO 20022 cutover is nearly here. Core systems may handle much of the technical work but CFIs still have key roles to play — especially when it comes to operations, compliance, and customer support. Here's what to know now.
As federal payments shift to faster digital methods, CFIs can support SMB clients by modernizing payment tools, encouraging digital adoption, and delivering real-time capabilities that meet evolving business expectations.
With over 1K participating institutions, CFIs can use FedNow instant payments to enhance liquidity, reduce costs, and compete effectively in the evolving payments landscape.
The Federal Reserve has extended the ISO® 20022 implementation deadline for the Fedwire® Funds Service to July 14, 2025, giving CFIs more time to prepare. Benefits include enhanced payment efficiency, stronger fraud detection, and improved interoperability. With the deadline approaching, we explore how CFIs can use this extension to refine systems, train staff, and support business customers.
Despite rapid growth in cross-border payments, there are still challenges in areas such as currency conversion, fees, security, and settlement delays. We detail possible solutions.
With over 800 participating institutions, the FedNow Service has gained momentum one year post-launch. We provide an update on its place in the payments industry.
Faster payments haven't led to more fraud for two CFIs, thanks to effective risk mitigation and FedNow's security features. We highlight their experiences and the security features deterring fraud.
For small business customers, waiting for payments can take a while — often at least 30 days. Checks and invoices get lost or go to spam folders and vendors charge fees to transfer funds. Doing more to remove these pain points can help strengthen existing relationships and allow your small business clients to have better cash management. We discuss ways to help small business customers get paid quickly and easily.
The right payment platform can create substantial opportunities for a CFI — and a CFI can use what it learns from finding the right payment platform to help business clients do the same. We discuss the factors a CFI should consider when selecting a payments platform.