RISE WITH FIS

3 Ways Real Time Payments are Impacting Your Financial Life (Whether You Realize It or Not)

Bob Legters | Chief Product Officer of Banking and Payments, FIS

September 09, 2019

You may have recently heard that the Federal Reserve plans to launch a real time payment service by 2024—but if you’re like many consumers, you may be left scratching your head at what that actually means for your financial life. While the term “real time payments” isn’t typically used by the average consumer, you may already be an “early adopter” of the most innovative money movement capability to hit the United States in decades (whether you realize it or not!).

Here’s a closer look at what real time payments entail and three ways they impact your financial life. Read the full article at Forbes here.

Jumpstart your day in a matter of seconds with quick snapshots of industry trends and leading perspectives delivered straight to you. Sign up for RISE here.

Tags: Technology, Digital Innovation