Real-Time Payments: Are You Ready?

James Colassano, Senior Vice President at The Clearing House, joins CU 2.0 Podcast to discuss the movement towards Faster Payments.

Consumers and businesses in 2024 demand instant money transfers, and institutions without this capability risk falling behind. Fortunately, most credit union core systems already support faster payments.

Colassano also covers RTP use cases, the process for rectifying mistaken payments, and the differences between RTP and FedNow, both striving to enhance payment systems.

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