Modernizing payment methods

Inside the bank or credit union, payments expansion can be among top priorities from CTOs to CX designers to marketing practitioners to legal counsel navigating global standards, and most departments in between.

How banks adapt operations to compete on payments may come to define our industry’s next chapter.

Articles in this report include:

What will it take to get more banks plugged into FedNow and RTP?
Fraud safeguards and a liability framework top a long checklist toward mass adoption of broad-based payments technology, but progress continues.

Driven by rewards, co-branded credit cards charge ahead
Even as cards remain a top consumer payment choice, the rise of digital wallets risks burying an issuing bank’s brand identity. That’s where targeted marketing makes all the difference.

Updated payments offerings and embedded finance redefine community banking
An interview with Pathward’s Will Sowell about the road from Midwest bank to prepaid card issuer to what’s next for Banking-as-a-Service.

How small and mid-market banks can size up against payments fraud
Maintain your modest footprint but tap third-party expertise and modernize with machine learning and AI-fueled data aggregation to enrich customer profiles.

Modernize or miss out? Wire automation upgrades get a compliance nudge
U.S. banks and credit unions face a domestic and cross-border money transfer standards deadline early next year. This Q&A digs into what’s at stake with ISO 20022.

Payments paper jam: Why banks and corporates should break the B2B check habit
Going digital means sharper performance measures and cost-effective fraud detection.

Payments play a major role for future-ready banks
From PaaS to BaaS to financial freedom and more, there are big considerations for remaining relevant in a new financial services industry.

Download this valuable resource to help you and your team catch up with unfolding industry developments and uncover your own opportunities within the payments space.