Transforming the US Payment Systems- Dealing with the Demand for Immediate Payments - ERP Spain.com - España y América Latina

Key topic of discussion include:

-What are the challenges and constraints with current legacy payment systems and why do they need replacement? Are they able to meet the demands of today’s digital economy?

-What is the banks’ approach to the transformation of the US payments infrastructure? What drives their decision making and what are their challenges?

-Do banks take a strategic, holistic view of moving to a new payments infrastructure or are they managing these migrations as a multiple projects with resultant competing costs and resource? How can this be managed more effectively and what are the cost benefits?

-Do banks lose or gain revenue from the new RTP and P2P schemes? Is the benefit simply protecting existing relationships and is it time to explore other innovative revenue opportunities?

-Banks maintain many separate payment systems at considerate risk cost and maintenance. Is now the time to consider consolidation of their systems? What is the technical and competitive advantage of moving to a payments hub? What are the considerations in terms of selecting solutions and partners?