Payment types are multiplying, with new payment rails offering innovative features around three main priorities: speed, enriched data, and security. Security is always important, rich data is important in most use cases, and speed is a priority in certain use cases. This session will look at how payments can be better on a comprehensive basis, rather than focusing on only one dimension. A variety of use cases will be used to explore the need for speed, data, and security in different situations. We will review some of the key drivers for the use of “instant” payments.
Attendees will come away with an improved understanding of different payment types and how they address particular use cases at various organizations.