Nacha Event Highlights U.S. Payment Trends
This IDC Perspective discusses some of the key takeaways from the Nacha event, which was held this year in Miami Beach. The Nacha event, "Smarter Faster Payments," highlighted key U.S. payment trends, including the slow but growing adoption of real-time settlement systems, collaborative efforts among key stakeholders, the push toward ISO 20022 adoption, and the nuanced role of AI in payment solutions. "Banks need to embrace the future of payments," says Aaron Press, research director, Worldwide Payment Strategies at IDC. "Real-time settlement, ISO 20022, and expanding access to data are transforming the landscape, compelling banks to act now or be left behind."
Please Note: Extended description available upon request.
- Executive Snapshot
- Situation Overview
- Real Time Is Real
- Key Stakeholder Organizations Are Playing Nice
- Synergy Among ISO 20022 Efforts Is Helping Adoption
- Account Data Access Is Expanding
- Fraud Prevention Is Top of Mind
- AI Is Everywhere and Also Nowhere
- Advice for the Technology Buyer
- Learn More
- Related Research
- Synopsis
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