<ul><li>Financial institutions are recognizing the importance of offering faster payments to retain clients and remain competitive in the market.</li><li>Smaller financial institutions are cautiously transitioning into real-time payment capabilities, with many starting with receive-only functions.</li><li>Challenges in integrating with various payment systems and rails have been identified as hurdles for smaller FIs in enabling instant payments.</li><li>Credit unions, like Veridian, are strategically planning their move towards instant payments, focusing on enhancing client services and expanding payment use cases.</li></ul>

Tight Business Cases Accelerate Credit Unions’ Shift to Real-Time Payments

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