WASHINGTON—CUNA will host a webinar on the basics of instant payments on March 6, starting at 2 p.m. ET. The Federal Reserve's instant payments system, FedNow, is set to launch in mid-2023.
The webinar, CUNA Instant Payments 101 & Building your Business Case, is free.
“Understanding the basics of this payment type is critical as credit unions begin to prepare for real-time payments,” CUNA said. “Join this webinar to hear how it works, the differences in clearing and settlement compared to payment infrastructures in place today, and how instant payments have evolved across the world.”
The trade group added attendees will also learn about how organizations can begin to build the business case for instant payments, the latest industry research on business and consumer demand for 24/7/365 payments, and the best resources to continue this learning path.
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