WEBINAR REPLAY...
Alacriti presents:
"Instant Payments Myths vs. Reality: What Credit Unions Need to Know"
Webinar occurred on Tuesday, May 13, 11:00 a.m. (PST)

Instant payments continue to gain momentum, yet the unknown still prevents many financial institutions from fully embracing them. Do credit unions really need to enable both Send and Receive at the same time? Will instant payments cannibalize wire revenue? Is implementing the RTP® network or the FedNow® Service a major operational challenge?

This CUbroadcast-hosted discussion on May 13, 2025, at 2:00 PM ET, featured Mark Majeske, SVP of Faster Payments at Alacriti, and Steve Douglass, Vice President of Business Development at The Clearing House. Together, they tackled the most common myths surrounding real-time payments and separate fact from fiction.

Topics included:
  • Send vs. Receive: What does signing up for Send and Receive mean for the implementation timeline? 
  • Request for Payment (RFP): What is the real adoption timeline and potential use cases?
  • Business vs. Consumer Transactions: What do trends indicate about monetization opportunities?
  • Operational Readiness: How disruptive are instant payments for existing processes?
  • Fraud Risks: How does faster money movement impact fraud risk?  
  • Revenue Impact: Are real-time payments replacing wires?
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Mark Majeske, SVP Faster Payments, Alacriti
As Senior Vice President of Faster Payments at Alacriti, Mark leads the overall corporate faster payments strategy and product development of the Orbipay Payments Hub. Mark also currently serves in the Faster Payments Council Board Advisory Group and chairs their Cross-Border Payments Work Group. Previously, Mark led product development for the RTP® network, the FedNow® Service, and Zelle® at FIS. In addition, Mark was part of the team that designed, developed, and launched the RTP network at The Clearing House. He also worked in the financial industry in digital payments product development.
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Steve Douglass, Vice President, Business Development, The Clearing House
Mr. Douglass serves as Vice President of Sales and Business Development at The Clearing House. Prior to joining The Clearing House, Mr. Douglass spent 14 years at BNY Mellon, where he held various roles within BNY Mellon’s Private Wealth Management, Asset Management and Treasury Services groups. He also spent 1.5 years as a Sales and Relationship Officer in PNC’s Treasury Management – Strategic Partners division.
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We’ve been specializing in payments infrastructure and innovative money movement experiences for two decades. Clients choose us because we know payments.

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