American Banker Webinar On Demand: The Rise and Rise of Payment Hubs
FedNow is expected to be an overall game-changer to the economy, bringing unprecedented speed and convenience to make payments. Financial institutions, government agencies, fintechs, and businesses are preparing to fuel instant payments through different use cases. The successful adoption of FedNow in a connected economy depends on each player listening to the voice of the others. This webinar covers the deep end of FedNow payments and its applications that banks should consider as they prepare to play their role in the instant payment ecosystem.
Experts in payments will speak about:
- How can banks prepare for the ecosystem demand for instant payments?
- Getting your payment strategy right for FedNow
- The unexplored opportunities for instant payments
- How can APIs enable more use cases for FedNow?
Speakers
Jim Hunt
Jim Hunt is Vice President and Division Head at 1st Source Bank, responsible for Cards, Payments, and Strategy. He joined 1st Source Bank in South Bend, Indiana in May 2021. Prior to his move to the Midwest, Jim was an Executive Director at JP Morgan Chase, and led Business Development and Strategy for Chase Pay. Jim is a 30-year veteran of the Payment Industry starting his career at Fleet Bank in Boston in 1993. He has also worked for both PayPal and Visa in the San Francisco Bay Area, focused on expanding the use of payments in the digital age. He has also been a regular spokesperson at major tradeshows, conferences/Industry events.
Booshan Rengachari
Booshan founded Finzly to revolutionize banking technology and enable financial institutions to offer services in the new connected ecosystem. Prior to this, Booshan managed International Banking at Wells Fargo and was responsible for sales, trading, and operational solutions. He presented a revolutionary proposal to the Faster Payments Task Force in 2016, which was acclaimed for its innovative approach to providing payment solutions. Booshan serves as a board member on the US Faster Payment Council and advocates for implementing secure and faster payments capability in the US. He is a well-known speaker at several forums across the US.
Erik Van Bramer
Erik is responsible for setting and implementing the strategy for managing the relationships and financial services offerings for financial institutions across the Federal Reserve System. Prior to his current role, he held multiple national sales roles within the Federal Reserve Bank of Chicago and Customer Relations and Support Office. He started his Fed career as a financial services analyst in 1998 with the Federal Reserve Bank of Kansas City before transitioning to the Federal Reserve Bank of Chicago in 2005.