As financial institutions prepare for the future of payments, many are balancing the need for innovation with the complexities of legacy infrastructure and rising client expectations.
In a recent American Banker-hosted webinar, Payments in 2025: What You Need to Know, Mark Majeske, SVP of Faster Payments at Alacriti, and Erika Baumann, Director at Datos Insights, explored key trends shaping payment modernization. The discussion covered the growing demand for real-time capabilities, the role of education in accelerating adoption, and how banks and credit unions can leverage data, use cases, and unified payment hubs to compete with fintechs and meet evolving business needs.
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