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Financial Crimes and Fraud Risk
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Financial Crimes and Fraud Risk
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Video
April 14, 2026

the case for urgency

Why It’s Critical to Have a Modern Payments Strategy

In an era of rapid financial change, a modern payments strategy has become an urgent priority.

Payments have moved from back-office cost centers to vital revenue engines, now accounting for approximately 30% of income for many financial institutions. To maintain market relevance, financial institutions must move beyond looking at the bank across the street and instead focus on a strategy that also addresses fintechs and big techs.

By leveraging instant payment rails like RTP® and FedNow® and aligning product sets with specific customer needs, financial institutions can transform their payment ecosystems into primary drivers of growth, ensuring they lead rather than follow in a hyper-competitive landscape. 

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