Member Exclusive, Podcasts

Jack Henry’s Tede Forman on the connection between the gig economy and real time payments

  • Faster payments are coming to smaller banks and credit unions.
  • Jack Henry's PayCenter is helping some of them compete with the bigger banks.
close

Email a Friend

Jack Henry’s Tede Forman on the connection between the gig economy and real time payments

Smaller community banks and credit unions have an opportunity to differentiate and compete in payments. Unfortunately, many smaller FIs haven’t formulated a succinct strategy. It’s a good time to do it — there are technologies and tools out there to help them service their customers better.

Tede Forman is Jack Henry’s head of consumer and commercial payments. He’s seen upfront the evolution in payments — from bill pay to real time payments — and its impact on bank offerings. He joins me on the podcast to talk about the choices and new opportunities in faster payment options. We talk about advances in bill pay technology and how it’s become table stakes for FIs. We also talk about how smaller banks and credit unions are finding ways to punch above their weight through technology partnerships and collaborations.

Tede Forman is my guest today on the Tearsheet Podcast.

SubscribeApple Podcasts I SoundCloud I Spotify I Google Podcasts
The following excerpts were edited for clarity.


This content is available exclusively to Tearsheet Outlier members.

Tearsheet Outlier information and signup Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — only $49/mo. Already an Outlier member? Sign in to your account

0 comments on “Jack Henry’s Tede Forman on the connection between the gig economy and real time payments”

Outlier OpinionsMakers

Modern Marketing, Podcasts

The Acquire Podcast Ep. 9: How Oxygen’s new debit loyalty program Elements is winning rebels and change makers

  • Oxygen’s SVP, head of business development and strategic partnerships Ryan Conway, and creative director Sani Gad join us on the Acquire Podcast.
  • ‘You name it, they tried it’ – including a hit summer tune with Megan Thee Stallion.
Rebecca Alma Cohen | May 17, 2022
Podcasts

The Banking Podcast Ep. 18: Faced with a bad market, will financial super-apps-in-the-making revert to what they’re good at?

  • In this episode of Tearsheet's Banking Podcast, your hosts Zack and Josh explore the impact bad markets will have on banking and fintech.
  • Also discussed: banks moving into BaaS models, BNPL regulation, and crypto mortgages.
Zachary Miller | May 16, 2022
Library, Podcasts, Sponsored

Case study: How Intuit’s newest upgrade of Mint helps consumers save on bills and subscriptions

  • In our latest case study, we spoke with Intuit Mint and ApexEdge about how they enable better money decisions and financial wellness.
  • Listen in or read through our conversation with Varun Krishna and Steven McKean about building and launching a partnership that takes PFM further.
Tearsheet Editors | May 16, 2022
Podcasts

The challenges and opportunities for stablecoins in traditional finance with Paxos’ Mike Coscetta

  • There's an acceptance that stablecoins will be the intersection between traditional finance and the new world of blockchain.
  • But is that right? We speak to Paxos' head of revenue, Mike Coscetta to learn more.
Zachary Miller | May 11, 2022
Modern Marketing, Podcasts

The Acquire Podcast Ep. 8: Billboards, donuts, and QR codes: Flexbase is building awareness

  • Flexbase’s CEO Zaid Rahman and head of growth Joey Randazzo join us on the Acquire Podcast.
  • From blanketing one city at a time, putting up billboards off highways, and shipping mysterious donut boxes – their awareness campaign is doing new things.
Rebecca Alma Cohen | May 10, 2022
More Articles