The Implications of Real-Time Payments with Lou Towchik

Episode Thumbnail
00:00
00:00
This is a podcast episode titled, The Implications of Real-Time Payments with Lou Towchik. The summary for this episode is: <p><span style="color: rgb(0, 0, 0); background-color: transparent;">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. </span></p>
Real-Time Payments: Not Just for Consumers
00:36 MIN
Current Reality of ISO 20022
01:50 MIN
Faster Payments Doesn't Equal Faster Fraud
01:01 MIN
Building Incentive Systems
00:54 MIN

DESCRIPTION

Lou Towchik has over 38 years of experience in the financial industry 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 joins 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.

Today's Host

Guest Thumbnail

Clayton Weir

|CEO

Today's Guests

Guest Thumbnail

Lou Towchik

|Treasury Management Leader and Consultant