Inside the Payments Innovation Alliance: Key Takeaways from Berlin Part TWO

In this episode of the Payments Podium, the Payments Professor and Joe Casali of Wrestling Payments return with part two of their in-depth discussion on the International Payments Alliance meeting by NACHA. This episode unpacks key insights from the global payments landscape, including Germany's bold move to eliminate checks and the innovative ways countries address the unique challenges in real-time payments.

Listen as they explore the implications of international trends for U.S. financial institutions, including the transition to instant payments through FedNow and RTP, and the fascinating debate around Central Bank Digital Currencies (CBDCs). The conversation also touches on the complexities of global regulations, the different roles of service providers, and the staggering scale of payment systems like India’s UPI, which processed 14 billion transactions in a single month.

The Payments Professor and Joe also share their reflections on the meeting, including the mind-blowing realization that most check use cases can be resolved with digital payments—except for one unusual scenario. They dive into the importance of staying ahead of emerging payment trends, the value of global collaboration, and the lessons U.S. institutions can learn from international counterparts.

Whether you're a payments professional, a financial executive, or simply curious about the future of payments, this episode offers a wealth of knowledge and practical insights to keep you informed and ahead of the curve. Don’t miss out on this engaging and informative discussion highlighting the crucial developments in the world of payments.

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