Faster Payments Explained: Demystifying Same Day ACH, RTP®, & FedNow®
In the dynamic landscape of electronic payments, understanding Same Day ACH, RTP®, and FedNow® becomes crucial for any forward-thinking financial institution. While these systems share the common goal of expediting payments, they differ substantially in their modalities, transaction limits, and functionalities. With FedNow® emerging with distinctive features like a lower transaction cap and specialized liquidity management tools, the need to comprehend these systems in-depth has never been greater. This webinar, led by the Payments Professor, will dissect these payment platforms, elucidating their workings, benefits, and distinctions. By the end, attendees will gain clarity on the system best suited for their institution’s ambitions and client demands.