Navigating Payments Interoperability: The Blueprint for Success
In this session, speakers delve into the rapidly evolving realm of U.S. real-time payments, focusing on the pivotal role of interoperability between The Clearing House's RTP network and FedNow. We'll examine the nuances of ISO 20022 standards and the Federal Reserve's guidance on payment flows, underscoring the need for cohesive strategies. This presentation will highlight how vendors can bridge the gap, offering financial institutions innovative solutions for a seamless transition. Participants will gain insights into overcoming technical disparities and operational challenges, ensuring comprehensive service offerings to their clients.