Study Finds Instant Payments Strengthen Vendor Relationships in 5 Key Industries

FedNow vs. RTP: unveiling the future of real-time payments

As real-time payments (RTP) adoption accelerates in the U.S., financial institutions are navigating the evolving landscape of instant payments, including the Federal Reserve’s FedNow and The Clearing House’s Real-Time Payments (RTP) Network. A recent webinar brought together industry experts, including Matthew Brazda (Bank of New York), Anoop Basavarajaiah (Volante), and Elisa Tavilla (Javelin Strategy & Research), to discuss adoption trends, in…

Study Finds Instant Payments Strengthen Vendor Relationships in 5 Key Industries

With large U.S. enterprises facing demands from vendors, suppliers and contractors to make immediate payments, having ways to disburse funds instantly has become a strategic priority. The ability to execute nonrecurring, or ad hoc, payments immediately is rapidly evolving into a vital tool, particularly for nurturing vendor relationships. The urgency of these payment demands, whether for services rendered or goods delivered, is fueling a prefere…