TCH RTP Network vs. the FedNow Service: Is There a Wrong Choice? 2022 | LogMeIn | 30 March 2022 | Online
Venue
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| Event Date |
Wed Mar 30 CDT (over 2 years ago)
In your timezone (EST): Wed Mar 30 1:00am - Wed Mar 30 1:00am |
| Location | Online |
| Region | Americas |
Details
Credit unions have had to make the difficult decision of offering the benefits of real-time payments right away with either the TCH RTP® network or waiting for the FedNowSM Service. With the FedNow Service on track, much of the wait is over. So which one is better? Or should credit unions embrace both networks?
Will discuss how the FedNow Service and the RTP network should fit into your payments strategy, focusing on:
• Which path credit unions should take, the FedNow Service or RTP
• What real-time payments mean for member satisfaction
• What processes need to change for those going beyond receive-only
• How the payments rail you choose affects your members
• Use cases for RfP and what it does for your small businesses
• What it takes to connect to the RTP network or the FedNow Service
Speakers
2022 Speaker
Erika Baumann
Sr. Analyst, Aite Group