Evolution, Not Revolution: Payments Hub Strategy Considerations

Payment services hubs promise to provide a seamless payment processing experience across ACH, wire, check and instant payments while providing a unified real-time view of all payments – but the transformation process can be long and risky. Modern hub solutions, which enable integration with one or more payment systems without unnecessary replacement of legacy systems, are helping to facilitate the journey by enabling financial institutions to minimize disruption, reduce risk and manage the cost.