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Finance Chiefs Take Measured Approach to Using Real-Time Payments

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For CFOs a key selling point of systems like the Federal Reserve’s FedNow is the ability to closely manage working capital

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https://www.wsj.com/articles/finance-chiefs-take-measured-approach-to-using-real-time-payments-6090ab35With real-time payments, chief financial officers can pay their suppliers in seconds, but many CFOs are holding off on using them in the back office, waiting to see if the value ultimately outweighs the costs.instantly. The launch aims to expand access to faster payments to more financial institutions and their customers.

 

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