Paul Walvik-Joynt, SVP, Commercialization, Mastercard Bill Pay, speaks at EBAday 2023 about key takeaways from the event, innovations in facilitating bill payments and the importance of creating the best possible experience for consumers and businesses.
FedNow chases real-time payments front-runners
The Federal Reserve’s long-anticipated real-time payments system, FedNow, is scheduled to go live next year. Yet businesses and consumers will probably have to wait years before they can rely on ubiquitous U.S. instant payments, according to industry professionals who have been involved in the project. The new bank-to-bank payment rail aims to modernize the U.S. […]