Time is Money in Today’s Instant, On-Demand World

Summary: We live in a “now“ world where consumers want instant gratification in nearly all aspects of everyday living, including how they bank and make payments. In the second blog of our series about instant payments, Dr. Jorge Jimenez, President of Juniper Payments, a Velera Company, discusses the main electronic payment options that are available, including the upcoming instant payment rails and why it is crucial for credit unions to adopt and embrace these emerging technologies.

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Author: Dr. Jimenez is the President of Juniper Payments, a Velera company, and Global Fintech Forum LLC, which collaborate on international and instant payments for 3,000 bank customers. He is an expert in payments systems, fintech, and international relations. Dr. Jimenez has worked with governments and central banks in over 50 countries to implement new payment infrastructures, including the European Central Bank, U.S. Treasury, and Federal Reserve, where he was Product Development Director for their international ACH solution.

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