Our very own Angela Murphy, Ph.D. #paymentselsa spoke with Jami Jennings from VisiFI about faster payments opportunities and #usecases for #creditunions looking to provide #instantpayments for their members through #fednow and/or #rtp ! Key takeaways: 💸 Payments is a HORIZONTAL part of your organization, not a vertical or a product #paymentsinnovation 🌟 Your members and clients are already transacting hashtag #instantly with #venmo #paypal #cashapp and that money is sitting in #digitalwallets NOT your institution 🎇 3 Pillars of Payments: Network (rail) Timeliness Cost dictate payments behaviors Want to learn more? Check out the recording! #partnerships #innovation
📣 New Podcast Alert Check out how faster payments with VisiFI and our partner Pidgin are game-changing for your financial institution's growth. On this episode our host, Jami Jennings, VisiFI’s Vice President of Digital Product Management and Member Experience, and guest Angela Murphy, Ph.D. , also known as Payments Elsa, breakdown the essential information that every financial institution should know about Instant Real-Time Payments (IRTP). https://lnkd.in/gGbgAY-u They dive into the 3 Pillars of a payment transaction: ✔ How IRTP can drive revenue and provide better service ✔ Strategies to effectively market IRTP to accountholders ✔ Why IRTP is more cost-effective than debit cards or ACH ✔ What the future holds for IRTP, including innovations in Bill Pay and beyond. #collaboration #fintech #podcast #banking #rtp #fasterpayments #creditunions
