Description
Explore the current regulatory and technology trends affecting the payments business. Learn the key drivers of faster payments, as well as the payments-related efforts being led by the Federal Reserve, the National Automated Clearing House Association and The Clearing House.
Duration: Approximately 40 minutes
Created: September 2018
What You’ll Learn
After successfully completing this course, you will be able to:
- Explain why the payments business matters to a financial institution
- Identify the drivers behind the move toward faster payments
- Describe the NACHA Same Day ACH initiative
- Describe The Clearing House Real-Time Payments System initiative
Audience
For branch and administrative staff who have familiarity with the basics of banking and payment systems but who need to develop a more strategic view of the payments business.