12 Feb 2026 Carl Slabick from BNY on driving corporate demand for instant payments, stablecoins, and Hamnet
episode
Off the Rails from the U.S. Faster Payments Council - FPC
31 min
2 speakers
4 chapters
transcribed 1 month ago
Transcript
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Transcript generated automatically by AI and may contain errors.
What headlines and event announcements open this Faster Payments Council episode?
It's your payment account.
I'm Reid Lutanen, CEO of the U.S. Faster Payments Council, and this is Off the Rails from the U.S. Faster Payments Council. Today we're welcoming back friend of the show, Carl Slabicki of BNY, for his record sixth time in the OTR hot seat. Carl and I talk about the things that can ignite demand for instant payments, where stablecoins fit, and we give some love to a record-setting place kicker. But first, the headlines. FPC Spring Member Meeting and ePay Connect are right around the corner. ePay Connect kicks off on February 23rd and FPC comes in on February 25th. I cannot wait to see friends, old and new, at the beautiful Gaylord National Harbor outside Washington, D.C., where both events will be happening.
Huge thank you to our member meeting sponsors and a deep breath for me because this list keeps getting longer. First... Our platinum sponsors, ACI Worldwide, North American Banking Company, and Visa Direct. And then, of course, our gold sponsors, Alloya Corporate Federal Credit Union, BNY, Brightwell, DeNovo Treasury, ePay Resources, Federal Reserve Financial Services, Finsley, MasterCard, Form 3, Plaid, Shazam, The Clearinghouse, PTAP Advisory, Trustly, Validify, Westpay, and Wyzea. I think we can still squeeze one or two more logos on there, so let us know if you're interested. As always, you can learn more about the FPC member meeting and register by heading to FasterPaymentsCouncil.org. You can find a link toward the top of the page in the banner, or you can click on News and Events and then FPC Events to navigate that way.
and i have the pleasure of highlighting another new resource digital access as a prerequisite for financial access bridging the divide between connectivity and inclusion the fpc financial inclusion work group has researched and conducted interviews examining how access to technology creates barriers to the use of financial services the financial inclusion work group explored how technology access digital literacy infrastructure and user experience shape financial inclusion especially for vulnerable populations This blog summarizes the findings based on the research questions and provides insights into how access to technology can help shape an improved user experience and engagement in financial services.
And with that, let's get to that conversation with Carl Slabicki from BNY.
All right. We're joined again by Carl Slobicki from BNY. Carl, thanks for joining us. Yeah, Reid, good to see you again. All right. I want to dig in on FPC's bread and butter stuff, talking about adoption and usage of faster payments. And I know we talked a week or so ago, you wanted to specifically zoom in on instant payments and start to start that conversation at least. So what's your assessment of that space, that instant payment space in terms of usage and specifically based on BNY's business usage by corporates?
Yeah, I think we're seeing some steady growth year over year if you look at the overall industry as a whole. I think the bank adoption's kind of gotten to a place where there's enough reach there and it's been steady enough where you can now pivot to the trust of the network and its reachability kind of alleviates some of those initial concerns. And now it's really about looking at... business process flows, workflows, technical integrations between system partners, and where can businesses extract enough value out of these rails to really meet the needs of their business, right? And solve some practical challenges. I think one of the things that we're seeing where If you look at corporate, treasury, accounts payable, accounts receivable, these are typically teams that don't just have budgets that just take on projects year over year.
They're pretty tight cost centers, tight teams to kind of manage a lot of the working capital and risk management of a respective firm. So I think what we're seeing is really just that dynamic playing out, which is why it's maybe taking a little bit longer in the corporate space to really hit.
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Chapters
4 chapters
1
What headlines and event announcements open this Faster Payments Council episode?
0:10–10:37
2
How does BNY assess current corporate adoption of instant payments?
10:37–23:21
3
How does 24/7 availability change corporate liquidity, operations, and risk management?
23:21–28:05
4
Which technical and partnership models enable mass corporate adoption of instant rails?
28:05–31:07
Speakers
2 identifiedMore from Off the Rails from the U.S. Faster Payments Council - FPC
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10 Sept 2026 Bridget Hall on Faster Payments ROI, International Best Practices, and Dumb Cooking
27 August 2026 Michael Sulla of Mastercard on Agentic Commerce
13 August 2026 Podcast Cathy Lesser Mansfield
30 July 2026 Podcast Erik Van Bramer from Federal Reserve Financial Services
16 July 2026 Callum Godwin of CMSPI on faster payments for merchants