Fundtech - Immediate / faster payments: Riding the wave of progress
As commerce around the world has become a twenty-four hour a day, seven days a week real-time reality, payment technology has also moved to real-time.
During this session, Gene Neyer, SVP Product Management, at Fundtech will discuss how real-time schemes like Fast and Secure Transfers (FAST) in Singapore and the New Payments Platform (NPP) in Australia are emerging in the Asia-Pacific region and what lessons are being learned. Hear how consumers and corporations use and react to immediate payments, implement best practices, and what the future holds.
•Commonly adopted models, including discussions on FAST and NPP
•'Best practices' and lessons learned from early adopters
•Immediate Payments Schemes from the customers and corporates perspective
•How this initiative may unfold in other parts of the world, including the US.