Finzly Enhances Live Oak Bank Wire Services with 100% STP Using Fedwire Solution
The demand for fast, secure, and seamless payments is reshaping the financial services landscape. While credit unions have traditionally excelled in member service, many are falling behind as large banks and fintechs set new expectations with instant payment capabilities. Despite clear benefits, adoption rates remain low, leaving many credit unions at a competitive disadvantage.
In this webinar, we'll guide credit union leaders through the opportunities and challenges of adopting instant payments. We’ll share real-life examples of how credit unions are transforming their operations with core-independent payment processing, enabling them to offer modern member services like real-time payroll, funding digital wallets, and supporting small businesses with speed and convenience using instant payments. Key takeaways include:
- How instant payments enhance member engagement and retention.
- The risks of delaying adoption and how to remain competitive.
- Overcoming common barriers such as cost concerns, fraud risk, and operational challenges.
- Best practices for building 24/7 payment infrastructure without a core system overhaul.
- How innovative solutions like Finzly make implementation fast and cost-effective.
Speakers
- Dean Nolan- VP of Product Marketing, Finzly
- Reed Luhtanen- Executive Director and CEO, U.S. Faster Payments Council
- Mark Sievewright, Chief Strategy Officer, SRM Corp
Don’t let outdated payment infrastructure hold your credit union back. Learn how you can quickly and efficiently integrate instant payments to meet evolving member expectations and future-proof your institution.
