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Faster Payments Basics

Jun 02 2:00 PM - Jun 02, 2022 3:30 PM
Jun 02, 2022 2:00 PM - 3:30 PM
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Faster payments are fast upon us! Are you up to speed on the new payment systems? How will payments flow? Why are faster payments the wave of the future? What are the benefits? Join this webinar to gain insights from a payments expert.

Learning Objectives

  • Explain the timing and risks associated with traditional payment systems• Understand why consumers and businesses are looking for faster payment options• Define the payment rails used for faster payment products
  • Explain how payment messages and funds will move with RTP and FedNow
  • Determine the next steps in your organization’s faster payments journey

Faster payments are coming. Join this session to learn about new payment systems that are coming from The Clearing House, the Federal Reserve, and others. This discussion will address the participants and flow for faster payments transactions, as well as how to begin the faster payments strategy for your institution. 



Kimberly Ellis, UMACHA

Kimberly Ellis is the Director of Education Services for UMACHA where she provides training and support for financial institutions in the areas of payments & risk management. She graduated from Western Illinois University with a Bachelor of Arts degree in Economics. She holds the Accredited ACH Professional (AAP), and Accredited Payments Risk Professional (APRP). She spent 17 years working in community banks in Southeast Iowa before joining UMACHA in 2020. She has experience working with deposit operations & compliance, risk management, and support for corporate ACH originators. 




Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Member Service