We’re proud to be payments nerds – we love sharing perspectives on all things payments. The Payments Nerds podcast features expert guests who explore the most important issues, topics and trends to consider in payments today.
If you are a payments nerd too, or are a little bit curious about what’s going on the payments world, just download the “Payments Nerds” podcast from The Clearing House.
17. Evolution of Real-Time Payments Across Financial Services w/ Carlos Rotger & Steven Bernstein
Across America, the need for at-home banking has risen, along with the need for real-time capabilities.
As more Americans have taken a hold of their finances, more financial services are moving the needle faster than ever before to meet customer expectations of 24/7/365 control and access.
Carlos Rotger & Steven Bernstein were guests on the Payments Nerds podcast, talking specifically about a digital savings product utilizing the RTP® network that has evolved between their two companies.
In this episode, we talk all about:
Why consumers are using this product and vocalizing their needs
How J.P. Morgan Chase & Digit work together to make this happen
The search for electronification and instantaneous payments today
How instantaneous payments have eternally shaped financial services
Find this interview and many more by subscribing to Payments Nerds on Apple Podcasts, on Spotify, or on our website.
16. Get Funded the Way You Do Business: 7 Days a Week
For small businesses, cash flow is one of the most crucial aspects of business right now. Will you have enough money coming in to operate the business in a way that is sustainable? Do you have access to your funds when you need them? What happens when at close of business on Saturday, you need funds to open on Sunday and don’t have access to them? How do you operate when your funds are tied up in ACH? Adam Carter & Sarah Cichoski were guests on the Payments Nerds podcast, talking specifically about a new real-time merchant funding product using the RTP® network developed between their two companies. In this episode, we talk all about: Why the small businesses are the ones that are needing this solution the most How U.S. Bank & Elavon went about creating this real-time merchant product The overwhelming feedback they’ve received from their customers How using the RTP network provides a competitive advantage in this space Find this interview and many more by subscribing to Payments Nerds on Apple Podcasts, on Spotify, or on our website.
15. Why Payments Platform Modernization Is Changing Finance
As consumers, most of us expect great digital experiences. And COVID-19 is converting the last holdouts to Amazon. It’s time we ask the same of financial institutions. On the latest episode of Payments Nerds, I sit down with Wade Hobbs, Vice President, Solution Strategy at Viewpointe, and Susan Kent, Enterprise Technology Strategist at Truist. We discuss the race behind the scenes at some of the largest financial institutions to modernize their payments. Payments platform modernization — it’s a mouthful, but it’s why pretty soon, your payments will keep up with your contactless groceries. We went over: What payments platform modernization means The technologies like AI fueling the trend Why COVID-19 has made digital no longer an option, but a necessity
14. Instant Payments and Other Everyday Uses for the RTP® Network
Our listeners keep asking us one question: What are folks actually doing with RTP® payments in their everyday lives? Today, we want to answer that question. In this episode of Payments Nerds, I speak with Jeff Rayis, Director of Treasury & Financial Management, Michigan State University, and Parker Nolan, FMI Scholar at Michigan State University’s Eli Broad College of Business. We discuss MSU's emergency student loan program and its use as an RTP network case study. Plus, we talk about: Why the emergency student loan program needed a boost How Parker got in the Spartan Blockchain Innovation Competition How funds get delivered in real-time using the student loan app and the challenges the project had to overcome The future of RTP at MSU Why Jeff and Parker are total payments nerds.
13. What's in Demand When It Comes to RTP?
Often, banks, especially community banks, will say there's no demand for RTP®. No one's asking for this, they say. But some folks on the ground argue that isn't so. What's the scoop on RTP® and fintechs? In this episode of Payments Nerds, I speak with Jesse Honigberg, technology chief of staff, and Matt Brazda, product manager, at Cross River. Their company is helping empower millions of customers and is writing the future of banking through API-driven products. Jesse, Matt, and I discuss the demand in the marketplace from fintechs as it applies to RTP®. Plus, we talk about: Why RTP specifically resonates well with fintechs. How RTP helps facilitate developing partnerships with fintechs. Challenges associated with providing RTP to fintech partners. Opportunities that come with providing RTP to fintech partners. Why Jesse and Matt are total payments nerds. Find this interview and many more by subscribing to Payments Nerds on Apple Podcasts, on Spotify, or on our website.
12. Making Real-time Payments for Payroll with Paychex
Something went wrong with your direct deposit. Maybe your employee got underpaid, or the wrong deductions got taken out. Whatever the reason, their check is messed up, and they need it fixed right now. How do you fix it? Traditionally, you had to go through direct deposit, which took days. Now, however, Paychex has created a newer, faster way. In this episode of Payments Nerds, I speak with Eric Wade, product manager for Paychex, a leading provider of payroll benefits and human resources services. We discuss the new real-time payroll product offering from Paychex using the RTP® network and its benefits. Plus, we talk about: How Paychex' new real-time payroll product opens up payment options for clients. Why banks should stand up and take notice of RTP. The latest trends in payroll and why this is the time to move to RTP. What employees and customers need to do to switch to RTP. What new payments products Eric is getting excited about. Find this interview and many more by subscribing to Payments Nerds on Apple Podcasts, on Spotify, or on our website.