The evolution of the payments system continues. This presentation will provide attendees with an overview of recent and upcoming developments in the world of payments. The legacy ACH network remains “tried and true.” By the time we are at TEXPO 2025, Fedwire® will have recently gone through the conversion to ISO® 20022. The Clearing House’s Real Time Payments (RTP®) network continues to grow, helped, at least in part, by the growth of the FedNowSM instant payments service since its launch in 2023. Attendees will learn more about the current standing and future plans of these various networks, as well as recent development in credit and debit card and mobile payments, as well as fraud and security.
Participants will learn about recent and upcoming developments in the world of payments, including:
- continued evolution of the legacy and “faster” payments, including ACH, wire transfer, Zelle®, RTP® and the FedNowSM service; and
- advancements in credit and debit card and mobile payments; and fraud and security.