Real-Time Payments Benefits: Powering Banks in the Battle for Dominance

Faster payments hold a tremendous promise for corporates. Once in place, treasury will be able to dramatically shorten the time frame for recognizing a receivable, which will help to speed up the flow of commerce and at the same time make it easier to manage vital working capital. – Fifth Third Bank

The benefits of RTP systems are not limited to increased speed of commerce. Among other benefits, Alacriti, which specializes in developing payment and money movement-related technology solutions, outlines a significant positive impact on a business’s cash flow, as faster payments enable faster availability of funds, allowing for a greater precision in budgeting and a ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 7 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.