185. The Impact of Real-Time Payments on Treasury Operations

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By Ira Apfel, Association for Financial Professionals: Treasury, and Finance Professional. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Real-time payments (RTP) have had a bit of trouble catching on in the U.S., but they may finally be turning the corner, with The Clearing House’s Real Time Payments Network, as well as the Federal Reserve’s upcoming service, FedNow. Treasury professionals on the whole tend to take their time when it comes to adopting new technology. Nevertheless, the prospect of paying and settling B2B payments in real-time is enticing, and it seems like it’s only a matter of time before it breaks through in the U.S.

In this episode of AFP Conversations, sponsored by Santander, Larry Mills, Vice President and Assistant Treasurer for Travelers Insurance, and Beatriz Saldivar, Director of Treasury and Payments for Axletree Solutions, discuss how treasury organizations are grappling with transitioning from a batch world to a real-time world.

For more insights on real-time payments, check out the 2019 AFP Electronic Payments Survey.

227 episodes