CU 2.0 Podcast Episode 409 Instant Payments Have Come to Smaller Credit Unions

When will instant payments come to smaller credit unions?

Perhaps the better question is: Will instant payments ever come to smaller credit unions?

On the show are Bob West, CEO of CUSO CU*South, which serves  some 360 credit unions (in 42 states, not just the south), and Keith Riddle of Payfinia, which has launched an instant payment platform that integrated with CU*South’s technology - meaning it’s straightforward for a CU*South customer to integrate into Payfinia’s tools.

Now get this: most CU*South credit unions are smaller institutions.  Lots are under $350 million in assets.

What might have seen a dream - available only to the likes of Chase and Navy Fed - now is available to small institutions.

Does it matter?

Will members use this instant payments technology?

Instant payments are a reality - that’s a fact in today’s immediacy economy.  Credit unions need to climb aboard this train.  

Listen up

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