Sponsored: Payment modernization
Financial institutions, businesses, and government agencies use the Federal Reserve\u2019s Fedwire system to transfer vast sums of money. Currently, the Federal Reserve is modernizing its systems by embracing a new standard for message formats and expanding the settlement windows for wires. However, many current systems used by credit unions are incompatible with these changes. This episode of the CUNA News Podcast features Carl Robinson, senior vice president of payments at Alacriti. He brea...