Catalyst News

Pandemic Accelerates P2P Payments Trend

by Catalyst Corporate | Jan 12, 2021

“The COVID-19 pandemic has accelerated several underlying trends in financial services, especially mobile person-to-person (P2P) payments. But, many credit unions are still watching these shifts from the sidelines.”

So says Joe Sullivan, CEO and Founder of Market Insights, Inc. – a consulting firm with expertise in market assessments, delivery optimization and strategic planning.

Sullivan will share insights based on recent industry research during a virtual presentation entitled: To P2P or Not to P2P…That is the Question. The 45-minute presentation will be held Thursday, February 11 at 1 p.m. Central Time. There is no charge to attend.

“Success in a post-pandemic economy will require an understanding of these payment trends and strategic action to align with consumer needs and demands,” Sullivan added.

His presentation will focus on:

  • the dramatic changes in consumer adoption of digital payments
  • the shifting role of payments in the financial service industry
  • the P2P landscape
  • staying relevant in the payments space

Sullivan is a founding faculty member for the Graduate School of Banking at University of Wisconsin (Digital Banking School). He also teaches the Fintech Executive Development Program at the Ohio Bankers League Management School and Washington Bankers Association.

Sullivan’s 20-minute presentation on P2P adoption trends will be followed by a 20-minute panel discussion featuring Brad Ganey, Catalyst Corporate Senior Vice President, Chief Operating Officer, and Eric Dotson, Executive Vice President of Aptys Solutions.

Stay tuned, more details on the virtual presentation to come. Registration will open next week. In the meantime, you can learn more about selecting the right P2P provider here, or check out P2P trends and adoption information.