Credit Unions Gear up to Build Instant Payments Ecosystems as FedNow Looms

Credit unions have been slow to embrace faster payments but forward-thinking CUs can build on consumers’ and SMBs’ trust to create instant payments ecosystems built on a variety of use cases, Kelly Botti, CEO of TruMark Financial Credit Union; Tansley Stearns, president and CEO of Community Financial Credit Union; and Chuck Fagan, CEO at PSCU, told Karen Webster.