Faster Payments Orchestration for Credit Unions & Community Banks
The largest financial institutions, representing 54% of all bank accounts in the U.S., are on board to provide real-time payments to their customers. What about credit unions and community banks? To begin, they need more than just connectivity, but also payments orchestration, which includes services such as contact center, fraud and disputes, liquidity oversight, directories management, and more. This session looks at what these services entail, and how smaller FIs can access them.
Questions answered during this session:
1. What are some of the use cases that credit unions and community banks can enable for their members?
2. What are other considerations smaller FIs need to take into account when planning to adopt faster payments?