Faster payment systems are disrupting long-established processes, permanently altering the operations of a range of payments firms

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US Payment Processes Face Disruption as Faster Payment Systems Gain Popularity

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Faster payments, which enable the quick settlement of transactions, are attracting greater interest from US financial institutions (FIs), businesses, and consumers, creating new challenges and opportunities for payments incumbents.

In The Rise of Real-Time Payments Report, Insider Intelligence defines real-time payments (RTP) while also considering the other recently introduced speedy settlement options that fall under the broader umbrella of faster payment options. We then examine the business areas and use cases where faster payments are being deployed, before looking at their rising popularity among FIs, businesses, and consumers as well as the hurdles these payments still face before they can gain widespread adoption.

In full, this exclusive report:

1 Discusses the different types of faster payments, how they work, and what payments use cases faster payments are primed to handle
2 Takes an in-depth look at the major faster payments networks in the US market, what differentiates each one, and how they will divvy up the market five years from now
3 Forecasts what the rise of faster payment options in the US means for payments incumbents, and how they should respond to the potential threats and opportunities created by these payments' development

Get all of these insights and more when you purchase the Rise of Real-Time Payments Report for $995.
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