Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

The PYMNTS Faster Payments Tracker™, powered by NACHA, is your go-to resource for staying up to date on a month-by-month basis. The tracker highlights the contribution of different stakeholders, including institutions and technology coming together to make this happen.

Tina Giorgio, president and CEO of ICBA Bancard, discusses why community banks must step up their efforts to win over new millennial, Gen X and baby boomer customers by adopting faster payment solutions. Other top headlines from the faster payments space include the long-awaited report from the Federal Reserve Faster Payments Task Force, the growing role of blockchain and recommended steps to help companies prepare to offer Same Day ACH debits.