Our purpose is to build a community of payments professionals to foster innovation and dialogue among individuals and firms working in payments in Chicago. We are bankers, entrepreneurs, consultants, marketers, researchers, lawyers, and salespeople. We’re payments geeks, too.
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Nearly 75% of micro businesses and more than 60% of all others put managing cash flow and working capital as their top business concerns. Businesses are focused on offering digital and online payment options to move cash faster.
“Driven in part by the impact of COVID-19 on commerce, a substantial majority of surveyed businesses consider it important to use faster payments. And despite being relatively satisfied with existing payment arrangements, nearly two-thirds indicated they would factor access to faster payments into future decisions on whether to switch banks,” according to an FRB market brief.
Join the Chicago Payments Forum 4:40 – 6:00 pm on Wednesday, Nov. 3 to hear and discuss results of the survey Businesses look to the future with faster payments. We’ll be joined by a member of the research team for a presentation and questions.
We look forward to seeing you!