Zachary Aron

For a smooth B2B RTP flight: Considerations and ideas Banks should prepare to support direct integration of transaction data into clients' enterprise resource planning and other back-office systems to offer real-time or near-real-time insights on payments transactions and liquidity positions. But this can only become a reality when and if banks modernize their core systems for corporate payments. Cloud solutions can help accelerate banks’ access to RTP systems.

COVID-19 has challenged the payments industry’s growth momentum, making recovery a priority. But at the same time, reimagining the post-COVID-19 world in payments could create new opportunities for payments institutions. Key messages 1. The US payments industry has remained resilient in supporting consumers’ financial well-being, which has been impacted significantly by the COVID-19-driven economic shutdown and rising unemployment. 2.