Wire payments remain critical.
But the infrastructure behind them is increasing under pressure.
As expectations for data, visibility, and resilience continue to rise, CHIPS and Fedwire® are being pushed beyond what they were designed to support.
This PYMNTS Processing Tracker examines how high-value payments are evolving and where institutions are focusing modernization efforts.
What you’ll learn
- How multi-rail payment demands are reshaping expectations for wires
- How expectations are shifting across CHIPS and Fedwire
- How ISO 20022 is increasing data volume, complexity and processing risk
- Where legacy infrastructure is limiting scalability and increasing operational risk
- Why resilience has become a business requirement
- How financial institutions are rethinking wire infrastructure to stay competitive
Wire payments still move trillions every day.
As real-time rails expand and data requirements grow, legacy infrastructure is becoming harder to scale, manage, and evolve.
Modernization is no longer optional. The shift is already underway.
Is your bank’s existing infrastructure ready to support it?
Evaluating wire modernization?
Financial institutions are rethinking how payment infrastructure supports efficiency, resilience, and visibility across payment flows.
Related resources
Payments as a Service: The fast track to payments modernization
Volante + Accenture: Payments Modernization 3.0
Why it’s time to modernize your ACH operations
A modernization imperative: the evolution of Payments as a Service
Case studies
Case study: Switzerland ISO 20022 modernization
Future-proofing banking with Payments as a Service