WEBINAR | MODERNIZING COMMMUNITY BANKING: THE IMPACT OF PAYMENT RAIL CHANGES
WEBINAR | MODERNIZING COMMMUNITY BANKING: THE IMPACT OF PAYMENT RAIL CHANGES
Apr 24, 2024
This session will explore the lessons learned from the increased number of instant payments go-lives in 2023 and how community banks can prepare for the upcoming changes in wire transfers and payment automation in 2025.
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Community banks are at a pivotal point in adapting to the changing dynamics of payments rails. The introduction of instant payments and the upcoming ISO 20022 migration for Fedwire are transforming how transactions are processed and how financial institutions compete.
This session will explore the lessons learned from the increased number of instant payments go-lives in 2023 and how community banks can prepare for the upcoming changes in wire transfers and payment automation in 2025.
- Insights into the adoption and operationalization of instant payments and their impact.
- The implications of ISO 20022 for wire transfers and how to prepare for the change.
- How to reduce costs and improve efficiency with a centralized payments hub to orchestrate and automate transactions across all rails.
- Strategies for community banks to leverage payments innovations to compete.
INDEPENDENT BANKER WEBINARS ARE SPONSORED CONTENT AND ARE NOT AN ENDORSEMENT BY ICBA. PLEASE CONTACT [email protected] WITH ANY QUESTIONS.