PrimePay Networks

FedNow vs. RTP: Why the Answer to Real-Time Payments Is Both

Tue, Feb 4, 2025 1:00 PM – 2:00 PM EST

As consumers, we love choices. But when it comes to fast, 24/7 payment options, businesses and financial institutions haven’t exactly been spoiled for choice—until now. With hundreds of FIs already on FedNow since its 2023 launch, and the momentum of The Clearing House’s RTP growing stronger every day, 2025 is shaping up to be the year of choice for faster payments.

However, more choices bring new challenges. Should banks commit to one network or adopt both? How can faster payment services be effectively monetized? In a 24/7 world, how do you combat 24/7 fraud? And what’s the right technological strategy to make it all work seamlessly?

Join us on Feb. 4 to hear from Anoop Basavarajaiah, Head of Payments at Volante Technologies, Matthew Brazda, Senior Vice President, Immediate Payments Product at BNY, and Elisa Tavilla, Director of Debit at Javelin Strategy & Research.

What the audience will learn:

  • The current state of the union regarding FedNow and RTP 
  • Why a multi-network strategy is best, particularly for mid-tier and larger institutions 
  • Emerging use cases and monetization opportunities in faster payments
  • The critical role of the right technology in maximizing the potential of faster payments 

The post FedNow vs. RTP: Why the Answer to Real-Time Payments Is Both appeared first on PaymentsJournal.

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The Local Luminary
The Local Luminary

The Local Luminary is your dedicated guide to uncovering the stories, strategies, and successes of standout local businesses. With a passion for community growth and a knack for highlighting what makes businesses thrive, The Local Luminary connects you with actionable insights to boost your own business visibility and growth.

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