Skyler Nesheim
speaker
95 appearances
1 recordings
1 series
first heard Jan 2025
last heard Jan 2025
Skyler Nesheim’s voice in public audio — every appearance, attributed to the second.
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Appearances
off the rails from the US Faster Payments Council.
Hey, Reid.
Hey, Reid.
Thanks for having us.
Yeah, just for some perspective, right?
This instant payment rail that we've developed, these payment rails we've developed and brought forward in the US, it's a 24 by 7, 365 payment system that businesses can connect to and utilize for processing payments.
And it feels like the technology powering our payments is
is really catching up and finally catching up with the other types of technology advances that we've made throughout history.
And it's a really exciting time.
And I think there's a really compelling case for instant payment for businesses, and it can give them a huge competitive advantage.
Like, for example, we could talk about instant payments in the gig economy space, right?
A business that has cleanly structured their solution to pay gig workers instantly just has a major advantage over a business that might not be able to pay gig workers as frequently, right?
And it's not just the business, right?
The gig workers who might be receiving instant payments, it really matters to them too.
Many of the folks doing this, they're entrepreneurs themselves.
And any capital that they're receiving, they are reinvesting back into what they do.
So slow payments can...
really inhibit those entrepreneurs from making progress like they might want to, or to build their business at the scale that they want to.
So instant payment technology really just has a potential to be a major disruptor across multiple industries.
But Reid, I completely agree with you.
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