The Instant Payments Decision: Choosing a Strategy in a Fragmented Faster‑Payments World

In this episode of the ProSight Banking Strategies Podcast, Frank Devlin speaks with Mark Majeske, SVP of Faster Payments at Alacriti, about the rapid evolution of instant payments in the U.S. banking system. They explore where real-time payments stand today, comparing RTP and FedNow adoption, usage patterns, and growth prospects. Majeske explains why customer expectations—such as 24/7 access, faster payroll, and instant disbursements—are driving demand, and why many banks are choosing to support multiple payment rails. The discussion also covers fraud considerations, product strategy, the future of ACH and wires, and emerging technologies like stablecoins. The views expressed by the speakers are the speakers’ own and do not reflect the views of ProSight Financial Association, BAI, or RMA. The views expressed and information shared are of a general nature and are not intended to address the circumstances of any particular individual or entity. No one should act upon any such views or information shared during this podcast without appropriate professional advice after a thorough examination of the particular situation.