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FPC 2022 Fall Member Meeting

Faster Payments Council

Focusing on "credit push" transactions, our experts will provide some guidance on the value-added functionality that U.S. Join this session to learn more about exchange framework assessments and pilot programs backed by the Business Payments Coalition (BPC), Federal Reserve and industry.

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Past Lessons May Prove Invaluable For US Real-Time Payments Rollout

PYMNTS

Real-time assessment of an inside transaction and blocking fraudulent transactions in the card world has been around for a long time.”. One of the largest concerns regarding real-time payments is for the banks to be able to identify and mitigate a fraudulent transaction that is settled far more quickly than even same-day ACH payments today.

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What’s Fast And Slow And Read All Over?

PYMNTS

” Recommendation six is to “explore and assess the need for the Federal Reserve‘s operational role(s) in faster payments” in order “to support ubiquity, competition and equitable access to faster payments in the United States. In the two years the Fed has been examining this issue, innovators have gotten the job done.

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