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.” Fedwire® has migrated 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 FedNow (SM) 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 developments in credit and debit card and mobile payments, as well as fraud and security.
Session Outcomes
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 FedNow service; and
- advancements in credit and debit card and mobile payments; and fraud and security.
Learning Objectives
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 FedNow service; and
- advancements in credit and debit card and mobile payments; and fraud and security.