FISPAN

Lou Towchik has over 38 years of experience in the financial industry in various management roles at multiple financial institutions&nbsp; including Mellon Bank, PNC Bank and Huntington Bank. In his&nbsp; most recent role, Towchik managed Treasury Management payables products including ACH, ARP, Commercial Card,&nbsp; Controlled Disbursement, Positive Pay, Real-Time Payments and Wire Transfer.&nbsp; Lou joined FISPAN’s Clayton Weir in this episode of If I Ran the Bank to discuss the implications and possibilities of real-time payments, ISO 20022 and moving away from paper checks.

Lou Towchik retired in April 2020 after serving for 38 years in various management roles at multiple financial institutions, including Mellon Bank, PNC Bank, and Huntington Bank. In his
most recent role, Towchik managed Treasury Management payables products including ACH, ARP, Commercial Card, Controlled Disbursement, Positive Pay, Real-Time Payments, and
Wire Transfer. Lou carries accomplished experience in the treasury management field having held leadership positions in operations, product, technology, and risk management. He also spent several years as co-owner of a treasury management consulting business.

Lou Towchik

Treasury Management Leader and Consultant

The Implications of Real-Time Payments with Lou Towchik

If I Ran the Bank is a podcast hosted by Clayton Weir, Co-Founder and CEO at FISPAN, a FinTech that is enabling banks to provide contextualized, consumer-like experiences to their business clients.Clayton is a renowned thought leader in financial innovation and hits on the hottest topics in banking and finance and the future of payments, and he wants to know: if you ran the bank, what’s the one thing you’d go all in on?